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Mixed session for Asian markets - China's PMI Holds Over 50, Trump announces Phase I Deal signing

Shanghai Composite Index

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Asia's markets mostly ended with increases in their first trading day of the day, despite partially weaker PMI data from China.

Major Chinese indices finished positively. Shanghai Composite rose by 1%, Shenzhen Component also, and Shenzhen Composite by 1.138%. Hang Seng rose 0.74% as the rally was led by AIA shares jumping 1.5%.

Kospi fell behind, down 1.12%. Samsung Electronics plunged the index, with shares falling 1%. Exports to South Korea were weaker in December.

The ASX200 rose 0.12% and markets in Japan closed.

The USD remains weak, the Japanese yen too, and the Australian dollar retains over 0.7015.

Oil also posted an increase, with BRENT up 0.3% and WTI 0.38%.


 Trader Martin Nikolov

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