Nikkei 225, Hang Seng Index, Kospi, gold, Canada
People crossing the street in Shibuya, Tokyo.
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Asia-Pacific markets were mixed on Monday as investors weighed ongoing geopolitical concerns.
Canadian Prime Minister Mark Carney in the USA on Sunday in question After US President Donald Trump said that the country has not signed free trade agreements with China without prior notice and has no intention of doing so was threatened If Canada signs a trade agreement with China, it will impose 100% tariffs.
“Canada respects our commitments and commitments. We have commitments under CUSMA (Canada-United States-Mexico Agreement) not to enter into free trade agreements with non-market economies without prior notice. We have no intention of doing that with China or other non-market economies,” Carney said.
Spot gold prices rose to a record level, exceeding $5,000 per ounce, as investors turned to safe haven assets due to geopolitical uncertainties. It was last traded at $5,033.99 per ounce as of 7:52 a.m. Singapore time (6:52 p.m. EST in the U.S. on Sunday).
of japan Nikkei 225 While it lost 1.52% in value, Topix lost 1.76% in value. South Korean Kospi gained 0.64%, while small-cap Kosdaq gained 2.28%.
The Japanese yen was last traded around 155.01, gaining 0.45% against the dollar.
Investors will continue to closely monitor Japanese stocks and the yen after the Japanese Prime Minister signaled against speculative market activity as the yen strengthened sharply on Friday, warning that authorities are ready to take action if volatility increases.
Hong Kong Hang Seng index futures settled at 26,772, above the HSI’s last close of 26,749.51.
Australia’s S&P/ASX 200 index was up 0.13% in early trade.
Last Friday, main indicators in the USA closed mixed; The Nasdaq Composite continued its rise as geopolitical fears eased, while the Dow Jones Industrial Average underperformed.
The tech-heavy Nasdaq gained 0.28% to 23,501.24 points, while the leading Dow lost 285.30 points, or 0.58%, to close at 49,098.71 points. A nearly 4% loss in Goldman Sachs weighed on 30 stock indexes.
The broad market S&P 500 index ended at 6,915.61 points, with a marginal gain of 0.03%.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
