Tokyo's main index closes higher in mixed session for Asian equities
Once again, the Nikkei rises but AxJ stocks are trading lower for the most part with Chinese equities losing ground on the session. The Hang Seng index is down by 0.4% while the Shanghai Composite is weaker by 0.8% as global growth concerns continue to weigh on stocks there as seen yesterday.
Overall, risk sentiment remains in more of a wait-and-see mood with US equity futures a tad higher as we await Chinese trade balance numbers. Also, earnings season is finally starting to kick into gear as well with banks reporting today - JP Morgan and Wells Fargo.
