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

[Anzo Lim 0]

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 MSCI’s 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%.

 

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