Nikkei 225 closes higher by 0.31% at 21,182.58

Tokyo's main index closes higher on cautious optimism

Nikkei 27-05

US-China trade tensions are still the major issue for equities but we're seeing a better start to the week in Asia as Japanese stocks inch higher while Chinese equities are also faring better. The Shanghai Composite is up by 1.2% currently but the Hang Seng index is taking a bit off the shine in Asian trading as it is weaker by 0.1%.

That said, the slightly better risk mood is helping to keep the yen offered with USD/JPY trading near session highs at 109.53 currently.

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