Asian stocks rose after a successful round of trade talks between the U.S. And Japan

Asian stocks, led by Japan’s Topix index which rose by 1%, showed strong performance following the completion of initial trade talks between the U.S. And Japan.

The Japanese yen weakened by 0.6% to 142.67 JPY per USD as trade discussion outcomes were released, while other currencies including the euro and the offshore yuan also experienced slight declines.

Ongoing preparations for subsequent trade negotiation rounds indicate a commitment to reaching agreements that would alleviate existing tariff pressures, particularly affecting Japan and beyond.