The easing of trade tensions has led to the longest rally in Japanese stocks since 2009, while U.S. stock futures are down and gold has risen by $30 in the short term

Yesterday, high-level economic and trade talks between China and the United States reached a consensus, significantly reducing bilateral tariff levels. The easing of the global trade situation boosted risk sentiment, leading to a slight decline in U.S. stock futures today, while most Asia-Pacific stock markets rose, the U.S. dollar weakened slightly, and gold turned to gains during the day.

Among them, the Tokyo Stock Exchange Index rose for the 13th consecutive trading day, reaching its largest intraday gain since August 2009.

Kelvin Leung, portfolio manager at Hobo Hong Kong, analyzed that the China-U.S. trade agreement makes "the possibility of an agreement between Japan and the United States greater."

Stock Market:

• Dow futures fell 0.22%, S&P 500 futures fell 0.3%, and Nasdaq 100 futures fell 0.41%.
• The Nikkei 225 index rose 1.8%, having previously risen more than 2%, while the Tokyo Stock Exchange Index rose 1.9% during the session, marking its largest gain since August 2009.
• The Indian stock market paused its upward trend, with the SENSEX index down 0.8%, while the Pakistani stock market continued to rise, with the KSE-100 index up 0.45%.

Bond Market:

• The yield on the U.S. 10-year Treasury bond remained basically flat at 4.458%.

Foreign Exchange Market:

• The USD/JPY pair weakened slightly, down 0.35% during the day, at 147.84, after surging 2% overnight.

Commodities:

• Spot gold rose about $30 in the short term, with a daily increase of 0.61%, priced at $3,254 per ounce.

【13:45 Update】

U.S. stock futures fell collectively.

Most Asia-Pacific stock markets rose.

The U.S. dollar index fell 0.22% during the day, at 101.56.

Spot gold rose slightly.