Asian Shares Mostly Higher On Trade Deal Optimism, China Trade Data
From Nasdaq: 2025-05-09 04:37:00
Asian shares closed mostly higher on Friday as investors awaited crucial Sino-U.S. talks. The U.S. announced a breakthrough in a trade deal with the U.K. and is considering lowering China tariffs. Treasuries were stable, the dollar rose, gold rebounded, and crude prices climbed. Despite positive trade data, China’s Shanghai Composite fell while Hong Kong’s Hang Seng rose. Japanese markets hit a one-month high with the Nikkei jumping 1.56 percent. Australian markets edged up, led by banks. U.S. stocks ended positively on news of trade agreements and upcoming talks with China.
Read more at Nasdaq: Asian Shares Mostly Higher On Trade Deal Optimism, China Trade Data