Tensions between Washington and Beijing remain in focus with China condemning the U.S. for adding 33 Chinese entities to a trade blacklist Asian stocks rose for a second day despite escalating geopolitical risks, with Japan leading gains as the world’s third-largest economy reopens.
Treasuries were flat in early trading after the three-day U.S. weekend, while the dollar was little changed. Shares in Tokyo, Sydney and Seoul rose more than 1%.
Hong Kong opened firmer, showing signs of stabilizing after weekend unrest. Shanghai had more modest gains. Crude oil advanced to $34 a barrel in New York.
Tensions between Washington and Beijing remain in focus with China condemning the U.S. for adding 33 Chinese entities to a trade blacklist, but