Market

Asian Markets Dip as US-China Trade Talks Keep Investors on Edge

Market Movements Across Asia-Pacific

Investors across the Asia-Pacific region held their breath on Tuesday, as markets showed a mixed response amidst the ongoing US-China trade talks. Australia's S&P/ASX 200 saw a slight decline of 0.35% by 4:23 am CET, setting a cautious tone for the day.

Varied Performances in Key Markets

While South Korea's Kospi Composite managed a modest gain of 0.18%, Hong Kong's Hang Seng experienced a more significant drop, falling by 1.08%. The mainland Chinese markets weren't spared either, with the Shanghai Composite and Shenzhen Composite decreasing by 0.08% and 0.48%, respectively. Japan's Nikkei 225 also felt the pressure, down by 0.89%.

Currency Fluctuations Amidst Uncertainty

The dollar showed a slight weakness against the yen, trading 0.09% lower at ¥148.4050, reflecting the cautious stance of investors worldwide as they await the outcomes of the pivotal trade discussions.