The Nikkei 225 closes higher by 1.82% at 21,281.85
Japanese stocks rebound from Friday's disappointment on the back of renewed optimism surrounding trade talks between US and China. Market participants are hopeful of further progress being made in the coming days as negotiations are set to continue in Washington later this week.
The sentiment is shared by equities across the region and is helping to keep risk assets underpinned on the day as well.
As a result, the dollar remains weaker and the performance in stocks is also helping to pressure yen pairs to the upside as we begin the day. Looking ahead, European stocks may see more flat tones as they already posted solid gains on Friday alongside US stocks.
That could potentially temper with the earlier risk-on gains with markets having little to work with today, considering the almost-empty economic calendar and US holiday. So, just be wary of that.
