Close to US-China trade agreement, Asian markets rally

On the first day of business week, Asian markets are getting increasingly visible on Monday.

According to reports, the US-China trade agreement has reached close. The same news has had a positive effect on the Asian markets. Except Taiwanese weighted Taiwanese, all Asian market indices are in green mark. America can remove most of the import duties on China. 

Let’s say that the Asia-East Japan Index has grown by almost 10% so far this year.

According to Indian time, 8.27 a.m. Japan’s Nikkei is 179.43 points or 0.83% with strength of 21,782.12. Hong Kong’s Hang Seng, on the other hand, is moving 34.65 points, or 0.12%, to 28,846.82. China’s Shanghai Composite is up by 1.30%, while Singapore’s Straits Times is up 0.30%.

At the same time, in South Korea’s Kospi, besides the strengthening of 0.21%, Taiwan’s Taiwan Weighted has a weakness of 0.43%.

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