Hong Kong’s benchmark Hang Seng Index rose 1.1%, its third straight day of gains. Mainland China’s CSI 300 rose 0.2%.
Japan’s Nikkei 225 fell 0.5%, as Japan embarks on a new round of trade negotiations with the U.S. ahead of a G7 summit in Canada.
S&P 500 futures are up 0.2% as of 4:30am Eastern time. The STOXX Europe 600 is also up by around 0.2%. India’s NIFTY 50 is up by almost 0.5%.
The world is waiting for further developments on trade negotiations between Washington and its many trading partners, including Beijing.
China is the source of about 70% of rare earth metals, key to cars, chips, and other products.
The U.S. is also negotiating with several other trading partners, including the U.K., the EU, South Korea, India and Vietnam.
