On Tuesday morning (10 June, 9:18 AM, GMT+7, Bangkok time), most indices in Asia Pacific increased as market participants put focus on progress in U.S.-China trade negotiations, with talks scheduled to resume for a second consecutive day.
Delegates from Washington and Beijing convened in London on Monday for high-level discussions. The U.S. team included Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer, who met with a Chinese delegation headed by Vice Premier He Lifeng.
Japan’s NIKKEI surged by 0.95% to 38,449.7. South Korea’s KOSPI grew by 0.97% to 2,883.52, and Australia’s ASX 200 rose by 0.8% to 8,584.
As for stocks in China, Shanghai’s SSEC climbed by 0.05% to 3,401.51. Hong Kong’s HSI escalated by 0.11% to 24,207.93, while Shenzhen’s SZI dropped by 0.18% to 10,231.36.
Meanwhile, the US stock markets edged up on Monday as NASDAQ gained 0.31% to 19,591.24. S&P 500 increased by 0.09% to 6,005.88, while the Dow Jones Industrial Average (DJIA) remained unchanged at 42,761.76. VIX jumped by 2.33% to 17.16.
As for commodities, oil prices settled higher on Monday, supported by a declining U.S. dollar. Market participants were also watching for updates from the U.S.-China trade discussions in London, anticipating that a deal could improve the global economic outlook and drive demand for crude. Brent futures added 57 cents or 0.9% to $67.04 a barrel, and the West Texas Intermediate (WTI) expanded 71 cents or 1.1% to $65.29 per barrel.
This morning, Brent futures rose 33 cents or 0.49% to $67.37 a barrel, and the WTI futures advanced 33 cents or 0.51% to $65.62 per barrel.
Meanwhile, gold futures declined by 0.89% to $3,325 per Troy ounce.
