Asian Stock Market: Cheers China’s attempt of making peace with US, Tokyo Inflation softens

cant recovery on Thursday after an initiative from China for strengthening bilateral trade with the United States.

At the press time, Japan’s Nikkei225 soared 1.62%, ChinaA50 added 0.16%, Hang Seng jumped 0.67% and Nifty50 spiked 1.16%. Tokyo inflation has softened for the first time after nine months of escalation. This might force the Bank of Japan to infuse more helicopter money in the economy in order to spurt the price pressures to keep the Japanese Yen competitive against rival currencies.

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