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Anzo Lim

Asian shares gain on better Sino-U.S. trade tone, oil climbs

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Asian shares started higher on Monday on hopes of an interim Sino-U.S. tariff deal after the two countries described their talks as productive and constructive, while oil gained more than 1% as Middle East tensions remained elevated.


Japan's Nikkei opened on a firm note, rising 0.2% while Australian shares added 0.5%. New Zealand's benchmark index was 0.1% higher. South Korea's Kospi was a touch weaker after disappointing trade data.


That left MSCIs broadest index of Asia-Pacific shares outside Japan. MIAPJ0000PUS up 0.5% at 511.3 points. It is up 3.4% so far in September.


The E-mini futures for U.S. S&P 500 ESc1 climbed 0.5% while Dow minis 1YMc1 were up 0.4%.


#Asianshares #tariff #oil #WikiFX


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