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Friday, 30 November 2018

G-20 Meeting - Asian stock markets trade mixed ahead #TheGRSSolurion - 30 Nov 2018

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Benchmark Treasury yields held near the lower since September.

Asian stock markets were trading on a mixed note on Friday as investors await a crucial meeting between the US and Chinese presidents with the course of the trade war at stake.

Benchmark Treasury yields held near the lower since September.

Nikkei, KOSPI, Jakarta indices were trading down, while Shanghai Composite, Hang Seng, and Straits Times are trading ~0.50%, respectively.

Meanwhile, US stock markets ended slightly lower on Thursday, with the Dow Jones Industrial Average fell 0.11%, the S&P 500 lost 0.22% and the Nasdaq Composite dropped 0.25%.

US crude prices retreated after rising on news that Russia is increasingly convinced it needs to reduce oil output along with the OPEC. OPEC and its allies are meeting in Vienna on December 6-7.

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