Nikkei 225 closes higher by 0.77% at 21,450.85


Tokyo’s main index climbs as Asian equities show some resilience on the day

Nikkei 15-03

There’s a bit of a pullback in Chinese stocks in the past half-hour but overall the mood in Asia remains that of a more positive one as markets are holding out optimism on US-China trade talks while Chinese authorities are continuing to reiterate strong support to bolster its economy this year.ForexLive

Despite the BOJ indicating a more worried outlook and North Korea making the headlines for the wrong reasons again, Japanese stocks are closing higher and Asian equities in general are in the green as we move towards European trading.

US equity futures are also trading up by 0.2% so that should keep risk currencies a little underpinned alongside reasons above as well. Other risk assets are showing a more flat tone though with oil little changed and we’re also seeing Treasury yields a tad lower to begin the new day.

If anything, I would expect European equities to show mild optimism but investors aren’t likely to get carried away with the gains.

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