
Market Movements Across Asia
Following the announcement of the US-China trade deal, Asian markets showed mixed reactions. Australia's S&P/ASX 200 saw an increase of 0.65% at 4:00 am CET, while South Korea's Kospi Composite rose by 0.34% shortly after.
Contrasting Performances
However, not all markets responded positively. Hong Kong's Hang Seng experienced a drop of 1.17% at 4:01 am CET. On the brighter side, China's Shanghai Composite and Shenzhen Composite saw gains of 0.27% and 0.58%, respectively. Japan's Nikkei 225 made a significant jump of 1.68% at 4:03 am CET.
Currency Fluctuations
The dollar weakened against the yen, trading 0.41% lower at ¥147.8430 by 4:04 am CET, reflecting the immediate impact of the trade deal on currency markets.
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