Asian stocks experienced a notable rise, buoyed by anticipation of U.S.-China trade talks, with Tokyo’s Nikkei 225 up 1.1% and South Korea’s Kospi gaining 1.9%.
Despite Japan’s economy shrinking by 0.2%, investor sentiment was strong. Chinese markets also saw modest gains despite ongoing deflation and slowing export growth.
The dollar weakened slightly as investors weighed recent employment data against trade talk uncertainties. Oil prices held steady, reflecting balanced expectations ahead of trade negotiations.
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