Asian markets managed to recover some of their losses after investors were still cautious about the risks of the trade war, global growth and oil prices.
Oil remains in focus after OPEC warned of market saturation, which could lead to further price collapse.
The Nikkei 225 returned the losses earlier and rose by about 0.7% while the Topix index remained unchanged. Kospi also turned up and climbed 0.6%. Markets in China as a whole remained in positive territory. The Taiex index rose 0.35%, while Hang Seng added 0.14% to its value. Shanghai Composite traded around 2600, and Shenzhen climbed about 0.2%. In Australia ASX200 rose to 5923.
On the FOREX market, the yen suffers losses against the US dollar and the Australian and Kiwi are trying to counter it. Brexit uncertainty remains heavy on the Pound.
For today, the calendar is not filled with important economic events, and today we are generally expecting weaker trade. We have a holiday day in Canada and the United States. Markets will work, but we expect lower liquidity than normal.
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