Tokyo: Asian stock climbed more on Monday as significant talks between former US President Donald Trump, Ukrainian leader Volodimier Zelanski and European officials in Washington led to a fall in oil prices.
Trump’s recent meeting with Russian President Vladimir Putin in Alaska ended without progress on Ukraine’s ceasefire, causing the market to be cautious.
Zelancesi described a guarantee of an American proposal for Ukrainian safety guarantee further with European leaders -its visit to Washington.
Stephen Inse of SPI Asset Management said, “Trump and Putin left without a ceasefire, even without the illusion of one,” said Stephen Ins of SPI Asset Management.
“He offered the theater: to declare the victory for Trump to ‘progress’ and quietly to buy the tariff on his double-barrell danger-seeding and buy restrictions on raw raw rawness of Moscow,” said.
After mixed economic signs, American stocks had ups and downs on Friday, including rising retail and weak industrial production and consumer spirit.
Oil prices increased the loss on Monday after volatility recently, with Russia’s role, the markets were placed on the edge as a major crude manufacturer.
Nikkei of Japan hit a fresh record high, affected by the statistics of strong-to-additional economic development.
Hong Kong, Shanghai and Sydney markets also advanced, while Taipei retreated slightly.
Investors are now focused on a possible US interest rate signals from the Jackson Hole seminar of the Federal Reserve this week.
Tokyo’s Nikkei rose 225 0.7% to 43,678.12, while Hong Kong’s Hong Seng rose 0.1% to 25,293.34.
Shanghai’s overall index rose 0.2% to 3,704.76, and Dow Jones closed at 44,946.12 0.1% higher.
London’s FTSE fell 100 0.4% to 9,138.90, and Brent crude fell 0.3% to $ 65.65 per barrel.
The dollar strengthened by 147.47 yen, while the euro was slightly dipped by $ 1.1699. – AFP
