Stocks tread water ahead of signing of initial US-China trade deal

TOKYO: Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary's that tariffs would remain in place for now.

The news came hours before the signing of a preliminary trade agreement to ease an 18-month-old trade war between the world's two largest economies. "We should not expect further tariff relief until after the November Presidential elections, suggesting that today's agreement is probably as good as it gets for 2020," said Tapas Strickland, director of economics at National Australia Bank.U.S. Treasury yields ticked down as investors took stock of weaker-than-expected consumer prices and the expected signing of the interim trade deal, with benchmark 10-year note yield falling to 1.807per cent .

In the currency market, the Japanese yen reversed earlier losses against the dollar as news U.S. tariffs would remain on Chinese goods through the U.S. election hurt risk sentiment.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Asia stocks rally to record high ahead of US-China trade dealSINGAPORE (REUTERS) - Asian share markets rose on Tuesday (Jan 14) and safe-haven assets slid as signs of goodwill between China and the United States supported optimism for global growth, with the world's two biggest economies preparing to formalise a trade-war truce.. Read more at straitstimes.com.
แหล่ง: The Straits Times - 🏆 8. / 63 อ่านเพิ่มเติม »

South Korea: Stocks climb on imminent signing of US-China trade dealRead more at The Business Times.
แหล่ง: BusinessTimes - 🏆 15. / 51 อ่านเพิ่มเติม »