Asianstocks rose altogether on Monday as buying began after the US holidays settled.
Analysts said optimism may be driven by expectations that the United States may decide to reduceChina'stariffs.
China's Ministry of Commerce said on Tuesday that Deputy Prime Minister Liu He had talked with Treasury SecretaryJanet Yellenon coordinating economic policies and maintaining supply chain stability between the two major economies. Stated.
In a statement, the Chinese side also said, "We have expressed concern about issues such as the elimination of additional tariffs and sanctions imposed by the United States on China and the fair treatment of Chinese companies."
Investors were also encouraged to lift the restrictions associated with the coronavirus pandemic across the region, includingJapan,
"Yesterday's Quiet Economy The calendar brings sentiment to focus on a single bailout headline for potential US tariff easing decisions that could risk sharp cuts with speculative bullish bets. Singapore's IG market In a comment, strategist Yeap Jun Rong said, "If you do nothing, you're less inflation'."
However, in some countries risks remain due to inflation and slowing economic activity. The resurgence of COVID-19 infections in Europe, the United States, and parts of Asia is also imminent, threatening a return to pandemic precautions.
The Nikkei 225, the Japanese benchmark, rose nearly 1.0% in the morning trading to 26,404.90. Australia's S&P / ASX 200 rose 0.3% to 6,632.00. South Korea's Kospi rose 1.8% to 2,342.24. Hong Kong's Hang Seng Index rose 0.8% to 21,997.04 and the Shanghai Composite Index rose 0.1% to 3,409.95.
Market players are also paying attention to the Reserve Bank of Australia's interest rate decisions. It is expected to raise the key rate by 50 basis points. Minutes of the Federal Reserve's latest policy meeting are also scheduled for Wednesday, which may provide hints for future policy.
Investors around the world are concerned about rising inflation and the potential for rising interest rates in some countries to cause a recession. US transactions closed on Monday due to Independence Day.
Dow Jones Industrial Average 30 and S&P 500 futures both rose 0.4% at the beginning of Tuesday.
Stock prices soared last week and S&P 500 soared 1.1%. The Dow rose 1% and the Nasdaq rose 0.9%. The Russell 2000 Index for SMEs rose 1.2%.
Earlier this year, the S&P 500 showed the worst performance since the first six months of the 1970s. It is currently down 20.2% from the peak set earlier this year.
The risk of a recession is diminishing as the Federal Reserve is aggressively raising interest rates. The Fed is raising interest rates to deliberately slow economic growth to cool inflation, but it can go too far and cause a recession.
In Germany, Prime Minister Olav Schortz gathers top employers and trade union representatives in Berlin's office on Monday to help prevent the effects of rising prices while preventing the spiral of inflation in Europe's largest economy. I sought.
In energy trading, benchmark US crude soared from $ 1.87 a barrel to $ 110.30. On Friday it rose $ 2.67 to $ 108.43 a barrel. The transaction was closed on Monday. Brent crude, the international standard, fell 3 cents to $ 113.47 a barrel.
In currency transactions, the US dollar rose from 135.69 yen to 136.15 yen. The price of the euro has risen from $ 1.0423 to $ 1.0434.
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Yuri Kageyama is on Twitterhttps://twitter.com/yurikageyama
