Nikkei 225 closes higher by 0.40% at 21,116.89

Author: Justin Low | Category: News

Tokyo's main index climbs amid mixed sentiment in Asia

Nikkei 14-06
Asian stocks are generally subdued but the Nikkei is posting gains, taking its cue from Wall Street in overnight trading. Hong Kong and mainland Chinese equities are lower though, with lingering global trade tensions still a cause of concern for investors.

Overall risk sentiment remains more flat but on the cautious side with US futures near unchanged levels while Treasury yields are only a tad softer. USD/JPY holds steady around 108.33 as a result and I reckon markets should stay in this mood awaiting the release of the US retail sales data later.

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