Tokyo’s main index closes lower as US-China tensions continue to weigh on sentiment in the region this week
This mainly reflects the softer mood in Wall Street overnight as well as US equity futures today, which are down by about 0.5% currently. US-China tensions are still the main factor affecting markets as it looks like the cautious sentiment will continue for a while longer.
Chinese equities are weighed lower, down by more than 1% on the day. The weaker risk tones are helping to push the yen a little higher with USD/JPY slightly lower at 110.28 currently.