Tokyo's main index closes slightly lower but at the highs for the day
Asian stocks were mostly pressured on the session but got a reprieve in the last hour as even Chinese equities are now trading in positive territory following a poor start to the day. The Nikkei is closing at its session high as Japanese stocks were weaker due to lingering US-China trade tensions and the poor performance from Wall Street overnight.
Looking ahead, risk sentiment remains cautiously optimistic with US equity futures and European stock futures holding higher with yields also holding steady. That is seeing USD/JPY at unchanged levels on the day at 109.61 currently as traders look for further clues amid the calmer risk tones.