Asian markets trade higher ahead of Trump’s speech - Highlight Investment Research

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Wednesday, 6 February 2019

Asian markets trade higher ahead of Trump’s speech

Asian stock markets were trading higher on Wednesday ahead of Donald Trump's State of the Union address. Donald Trump's annual address will be pored over for an idea about his thinking on a range of issues including the China trade war, the Mexican border wall stand-off and North Korea.

On currency markets, the pound was virtually unchanged against the dollar after tumbling on Tuesday on weak economic data and growing concerns about Britain leaving the EU without a deal.

The Dow ended Tuesday up 0.68%, the S&P 500 gained 0.47% while, Nasdaq rose 0.74%.

US crude futures rose 15 cents to $53.81 in early trade. Brent had ended Tuesday down 40 cents at $62.11.

Markets are closed in China, Hong Kong, Korea, Malaysia, Singapore, Taiwan and also in New Zealand.

Jakarta Composite, and Nikkei 225 gained nearly 1% each in today’s trade.





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