Tokyo's main index closes lower as US-China tensions continue to weigh on sentiment in the region this week

Nikkei 23-05

This mainly reflects the softer mood in Wall Street overnight as well as US equity futures today, which are down by about 0.5% currently. US-China tensions are still the main factor affecting markets as it looks like the cautious sentiment will continue for a while longer.

Chinese equities are weighed lower, down by more than 1% on the day. The weaker risk tones are helping to push the yen a little higher with USD/JPY slightly lower at 110.28 currently.