Asian stocks gain some ground with focus still on the Trump-Xi summit
Tech stocks are faring well today in Asia and is helping to boost sentiment across regional equities. Tencent is leading gains in Hong Kong and that's helping to boost the Hang Seng index as well as regional tech stocks on the day.
Plenty of focus is still on the Trump-Xi summit to come but for now, markets are taking things in stride and yesterday's mild gain in Wall St certainly isn't doing much harm to Asian stocks either.
However, E-minis are trading rather flat on the day and that's keeping risk sentiment from pushing forward with overwhelming gains for the time being. USD/JPY holds near the highs for the day at 113.89 currently but trades in a narrow range between 113.73 and 113.90 so far.