Asian stocks are faring better after renewed optimism in Wall Street
The Nikkei is closing with mild gains as markets are recovering from the beat down suffered on Monday amid lingering trade tensions between US and China. For now, risk assets are licking their wounds as things start to settle down but the dark clouds still remain so I reckon don’t look for any solid rallies to come about just yet.
US equity futures are also up by just 0.2% currently. Just be wary of more headlines to come later from Trump or from the Chinese camp. It’s very much a battle between greed and fear now, so let’s see how things will play out.