Asian stocks higher on Brexit reprieve but trade concerns limit gains;
Asian stocks made modest gains on Friday, tracking improved global sentiment after UK lawmakers voted to delay Brexit and as a weaker yen supported Japanese shares, but a fresh flare up in U.S.-China trade concerns is expected to cap gains. MSCI broadest index of Asia-Pacific shares outside Japan inched up 0.06 percent. Japan’s Nikkei climbed 0.9 percent and South Korea’s KOSPI rose 0.45 percent. Global markets drew some relief overnight with European stocks rising to a five-month high, boosted by strength in the banking sector after Britain’s parliament voted to reject a disorderly Brexit. Read More @ https://www.reuters.com/article/us-global-markets/asian-stocks-higher-on-brexit-reprieve-but-trade-concerns-limit-gains-idUSKCN1QW03L?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
WHAT IS THE CHART SAYING?
China, U.S. make further substantive progress on trade talks: Xinhua;
Chinese Vice Premier Liu He spoke by telephone with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer and the two sides made further substantive progress on trade talks, Xinhua news agency said on Friday. The report said the call took place on Thursday. It gave no other details. (Reuters).
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