Asian Stocks Set to Open Mixed After Trade Deal: Markets Wrap

(Bloomberg) — Asian stocks look set to start the week mixed after a partial U.S.-China trade deal yielded few details. The Australian dollar and the offshore yuan were firmer as China avoided extra tariffs.Futures on Japanese and Hong Kong equities dipped. Australian contracts were higher. Washington and Beijing agreed to a first phase of a broader trade deal on Friday that will see China boost imports, including of American agricultural products, and the U.S. halving duties on $120 billion of Chinese goods. The U.S. has also delayed levies that were due to be imposed on Sunday, and China said it …read more

Source:: Yahoo Finance

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