Markets

Asia opens higher in tandem with Wall Street

2020-01-14 08:35:41 GMT (Economies.com)

Asian stock indices opened the second session of the week higher in tandem with Wall Street as America and China reach a trade deal with signing scheduled on Wednesday. 

 

The US Treasury Department also took China off its list of currency manipulating- countries after putting it there in August.  

 

The Department said China has pledged executable commitments to avoid weakening yuan and publish forex information, bolstering yuan versus dollar to six-month highs. 

 

Japan's TOPEX rose 0.27%, while Nikkei 225 rose 0.74% to 176.24. 

 

China's CSI 300 rose 0.27% to 4,215.19, while Shanghai rose 0.22%. 

 

Hong Kong's Hang Seng rose 0.20%, while South Korea's KOSPI added 0.78% to 2,264.54. 

 

New Zealand's NZX 50 rose 0.52%, as Australia's S&P/ASX 200 rallied 0.64% to 6,948.00. 

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