Asian stocks are buoyed by trade optimism to start the week
Risk sentiment is taking on a better tone as we begin the new week, on the back of more positive headlines coming from the US-China trade rhetoric. That is helping to lift equities in the region and Japanese stocks are no exception to that.
Chinese stocks are the ones benefiting the most though, with the Hang Seng up by 1.1% and the Shanghai Composite up by 2.6% currently. Meanwhile, US equity futures are trading up by 0.4%. The sentiment across the equities space is helping to keep risk currencies buoyed ahead of European trading.