Asian stocks traded mixed Tuesday after further discussions on trade between Washington and Beijing, and a rebound in U.S. shares overnight. India's stock futures tumbled after the surprise resignation of its central bank governor.
Benchmarks fell in Japan, fluctuated in South Korea and Hong Kong, and ticked higher in China. Shares climbed from intraday lows after a statement saying Chinese Vice Premier Liu He discussed the timetable for trade talks with U.S. Treasury Secretary Steven Mnuchin by phone. U.S. futures remained lower and Treasuries were little changed. Earlier, the S&P 500 Index recovered from the lowest intraday level since April to finish higher. The dollar drifted and the yen pared some of Monday’s losses. The pound stayed lower after a slump in the wake of U.K. Prime Minister Theresa May delaying a critical vote on Brexit.
The MSCI Asia Pacific fell 0.4 percent as of 12:15 p.m. in Tokyo.
Source : Bloomberg