Asian equities lifted by the better risk sentiment

Nikkei 19-08

For Japanese stocks, the trade and Tankan reports take some shine off the more positive day but risk sentiment in markets is still pointing towards being more optimistic so far.

Other Asian equities are faring better with the Hang Seng up by 2.1% while the Shanghai Composite is up by 1.8%. Sentiment there is also helped by more policy support from China towards small and medium business owners.

European stocks are also set to open more firm amid higher bond yields so that sets the tone as we begin the session, though currencies are still little changed for the most part.