The Nikkei 225 Future is trading at 21,553.00 up with +0.01% percent or +3.00 point .The NSE Nifty Future is trading at 10,890.50 up with +0.74% percent or +80.45 point. The Hang Seng Future is trading at 28,966.00 up with +0.56% percent or +160.00 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei rallied to a 10-week high on Monday after U.S. President Donald Trump confirmed he would delay a planned tariff increase on Chinese imports following “productive” trade talks over the weekend.
The Nikkei share average .N225 rose 0.48 percent to 21,528.23, closing at the highest level since Dec. 13.
Trump had planned to raise tariffs to 25 percent from 10 percent on $200 billion worth of Chinese imports if a deal between the world’s two largest economies was not reached by March 1. He said progress had been made on a host of divisive areas including intellectual property protection, technology transfers, agriculture, services and currency. is definitely boosted by this news,” said Toru Ibayashi, executive director of wealth management at UBS Securities Japan.
For the day the Dow is trading at 26,031.81 up with +0.70% percent or +181.18 point. The S&P 500 is trading at 2,792.67 up with +0.64% percent or +17.79 point. The Nasdaq Composite is trading at 7,527.54 up with +0.91% percent or +67.84 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,528.23 up with +0.48% percent or +102.72 point. Hong Kong’s Hang Seng is trading at 28,954.65 up with +0.48% percent or +138.35 point. China’s Shanghai Composite is trading at 2,961.28 up with +5.60% percent or +157.06 point. India’s BSE Sensex is trading at 36,005.53 up with +0.37% percent or +134.05 point at 12:15 PM.