Asian Markets Traded Mostly Higher Today Following Positive Lead - Dollar Advisory Financial Services

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Friday 17 August 2018

Asian Markets Traded Mostly Higher Today Following Positive Lead

Asian markets traded mostly higher today, following positive lead from Wall Street and positive newsflow on US-China trade war front.

Japan's Nikkei jumped over 2 percent followed by Hong Kong's Hang Seng (up 0.5 percent), Australia's ASX 200 (0.2 percent) and South Korea's Kospi (0.37 percent). However, only China's Shanghai Composite traded half a percent lower.

US markets on Thursday ended higher with Dow Jones rising 1.6 percent (the biggest jump since April). S&P 500 gained 0.8 percent and Nasdaq Composite rose 0.42 percent.

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