Asian stocks stay buoyed from better risk sentiment in Wall St overnight

Japanese stocks lead gains in Asia as regional equities are feeding off the positive tones from US stocks overnight and news that US-China trade talks are proceeding to the next level. Gains in Chinese stocks are more measured though with the Hang Seng index up 0.4% and the Shanghai Composite up by 0.5% currently.

However, US equity futures are in a less cheery mood trading sideways down by 0.1% at the moment. That should ultimately set the tone for European equities later as markets will look towards US December CPI data for further clues later today.