Asian equities turn back to stay higher amid risk flip flop
Amid the initial negative news, equities in the region fell sharply before posting a solid recovery late on - much like other risk assets - as we continue to brace ourselves for US-China trade talks in Washington.
The Hang Seng is up by 0.4% while the Shanghai Composite is up by 0.6% currently. However, I would argue that overall risk sentiment remains more cautious for the time being with markets keeping some hope for a partial trade deal to be struck.
USD/JPY continues to stay near flat levels at 107.48 currently as markets settle down after a frantic start to the day earlier.
