As further discussion on perspectives of American-Asian trade relations are both pushing and pulling traders towards Asian shares, trading in the region is mixed. But we can solace in trading American tech and social shares which are gaining positions today for the first time in weeks.
New signs that Chinese economy is still under enormous pressure might me be reason for the future escalation on the relations between United States and Beijing and we are waiting for the clearance of the situation as the markets are covered in mixed performance.
Talks about the future trade agreement between US and China have after all helped the markets edge a little bit higher as the end of the trading week I marked by a recovery that has erased all of the losses taken by the indices yesterday.
Asian markets have slid alongside American futures due to Canada’s arresting of CFO of Huawei. Bad news for Chinese conglomerate. But at the moment there is mothing we can do, but to watch Asia go into the sell off after a perfect beginning of the week.
Markets today see the biggest slide after the mid-October selloff which is attributed towards Chinese confirmation of trade talks with the United States. We see declines not only in the Asian shares, but virtually everywhere today.