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Concerns about the trade wars were on stock in Asia

Concerns about the trade war between the two most important world economies have centered on Central Asian stocks, and several major markets have closed in red trading despite Wall Street revival.

Markets in Japan and Australia held marginal gains, but China, Hong Kong and South Korea dipped in red to get a mixed picture across the region.

Tokyo opened very strongly, but stock declined throughout the trading day and ended only 0.13 percent to 21,319.55. Wider index of Topix has closed with similar profits.

The Japanese market has also contributed to an earlier reflection in US events and a weaker one that helps exporters, said Hikaru Sato, Senior Technical Analyst at Daiwa Securities.

China’s Main Market

The dollar traded at 106.56 yen against 106.60 yen in New York on Tuesday as it accelerated from levels below $ 106 seen the day before.

“Shopping, however, remains limited as investors are still concerned about several uncertainties, including the American trade war,” Sato AFP said.

The United States has published a list of Chinese imports worth about $ 50 billion, which could be targeted at tariffs – a major escalation of the confrontation with Beijing.

China reacted sharply and said she was ready to take up what he described as a “unilateralist and protectionist” move that does not serve the interests of the country.

The prospect of a US-China trade war “continues to cast a dark shadow over global capital markets,” warned Stephen Innes, an analyst at OANDA.

China’s Main Market, the Shanghai Composite Index, closed 0.15 percent at the end of the day to 3,131.84 points, thereby losing some healthy profits earlier in the session.

The downside in Asia was the Hang Seng index in Hong Kong, which was out of order of 1.48 percent to 29,732.67 in the afternoon.

Business Day Asia was held after a volatile session on Wall Street, where US stocks ended on Tuesday with a strong rally.

The Dow Jones index closed 1.7 percent and the S & P 500 broadened 1.3 percent.

Tech-heavy Nasdaq also ended in black, up 1.0 percent, mainly on bargain-hunting after pummeling suffering in recent days.

Amazon also moved 1.5 percent

Large technology companies that have fallen in all the benefits, including Facebook, Google’s parental alphabet and Intel.

Amazon also moved 1.5 percent higher as investors welcomed newspaper headlines indicating that President Donald Trump did not plan to monitor a number of rogue tweets with concrete steps against the company.

Meanwhile, European markets have been open. FTSE London and Paris CAC 40 opened 0.1 percent while Frankfurt DAX was flat.

– Key data around 0730 GMT –

Tokyo – Nikkei 225: UP 0.1 percent to 21,319.55 (close)

Hong Kong – Hang Seng: DOWN 1.5 percent to 29,732.67

Shanghai – Composite: DOWN 0.1 percent to 3,131.84

Dollar / Just: DOLU 106.56 yen from 106.60 at 02:30 GMT

Euro / Dollar: DOL at $ 1.2264 from $ 1.2275 at 02:30 GMT

Pound / Dollar: DOL at $ 1.4064 from $ 1.4076 at 02:30 GMT

Oil – Brent North Sea: DOWN 1 cent for $ 67.89 per barrel

Oil – Western Texas Intermediate: UP 1 cent for $ 63.31 per barrel

New York – Dow: Up 1.7 percent to 24,033.36 (near)

London – FTSE 100: UP 0.1 percent to 7,034.93 points (open)

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