Tokyo's main index closes lower as Asian stocks fall in light of fading trade optimism and poor Chinese data
Japanese stocks performed poorly on the session as optimism from trade talks between US and China are put into question following comments by Lighthizer yesterday. Poor Chinese PMI data earlier in the day also isn't helping with sentiment and as a result, markets are leaning towards a more softer risk tone as we gear towards European trading.
Of note, Chinese stocks are lower with the Shanghai Composite trading 0.5% down in the final hour of trading now. Some questionable rhetoric on the Trump-Kim summit is also something that could potentially meddle with risk sentiment later, so just be wary of that.
