Asian Markets Cautious Amid Lingering Trade Tensions - Dollar Advisory Financial Services

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Wednesday 22 May 2019

Asian Markets Cautious Amid Lingering Trade Tensions

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Asian stock markets were little changed in cautious early trading Wednesday, as lingering trade tensions weighed on traders. China’s ambassador to the U.S., Cui Tiankai, said Tuesday on Fox News that “the door is still open” to resuming trade negotiations with the U.S., although no new talks are scheduled. Tensions have ramped up over the past week, though were tempered slightly Monday by reports that the Trump administration will offer 90-day exemptions for some U.S. companies doing business with Huawei Technologies.

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