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Asian stocks markets rise as United States-China talks resume

2019-09-20 06:38 am | Resource: News | No Views : 39

 Asian stocks markets  rise as United States-China talks resume

Asian markets rose on Friday as the United States and China resumed face-to-face trade negotiations at the parliamentary level that will lay the groundwork for high-level talks next month.

The Chinese delegation arrived in Washington on Thursday for two-day talks with the US Trade Representative's office, which is scheduled to focus on intellectual property and agricultural issues with Chinese officials scheduled to visit farms in Montana and Nebraska next week. Elsewhere, investors digested inflation data from Japan.

Japan's consumer price index rose 0.3% in August

Japan's consumer price index (inflation) stood at 101.8 in August, up 0.3% year-on-year, according to a new report released by the Statistics Office on Friday. This figure has not changed compared to the previous month.
  • Meanwhile, core consumer prices rose 0.5% in August from a year earlier.
  • Prices of all items except fresh food and energy rose 0.6% over the previous year as well.

Chinese trade delegation to visit US farms next week

A delegation of Chinese trade negotiators led by Vice Minister of Agriculture Zhou Dongyu is planning to visit farms in Montana and Nebraska next week, after talks in Washington ended, the Montana Farm Office confirmed to the BBC on Thursday. The deputy trade negotiators had been due to resume trade talks with their US counterparts earlier on Thursday.

Asian shares trading
  • The Nikkei 225 rose 0.22% at 7:30 am CET.
  • Hong Kong's Hang Sang rose 0.13% at 7:31 am CET.
  • In mainland China, the Shanghai Composite rose 0.23% at 7:30 am CET
  • The Shenzhen Composite rose 0.15% at 7:17 am CET.
  • Korea's Kospi rose 0.39% at 7:12 CET
  • Australia's S&P / ASX 200 rose 0.35% at 7:32 am CET.

 The dollar lost 0.15% against the yen for sale against 107.8585 at 7:31 CET.


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