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Asian markets largely rise on trade optimism: The Asian market is the latest




Hong Kong's Hang Seng Index ( HSI ) reached 0.2% after US President Trump suggested a trade deal with China could come soon.
Trump told reporters Wednesday at the UN in New York that a US-China agreement could come "sooner than you think," according to several reports.
The news cheered American investors on Wednesday, with US stock markets having their best day of two weeks.

"Investors have been" trade war "bearish for so long that any bit of optimism cheers," wrote Stephen Innes, a Asia Pacific market strategist at AxiTrader.

Japan's Nikkei ( N225 ) also increased 0.2%, after Trump and Japanese Prime Minister Shinzo Abe signed a trade agreement Wednesday, reducing tariffs on some agriculture and industrial products for both sides.

"We welcome these achievements as concrete evidence of the strength of the relationship between our two nations," the two leaders said in a joint statement.

China's Shanghai Composite Index ( SHCOMP ) opened higher but slid into negative territory in the morning trade, losing 0.7%.
On Wednesday, the United States imposed sanctions on several Chinese companies and their executive officers for alleged involvement in the transportation of oil from Iran.

"We tell China and all nations, know that we will sanction any violation of sanctions activity," said Secretary of State Mike Pompeo at a conference organized by the United Against Nuclear Iran group.

Elsewhere in the regions of Korea Kospi ( KOSPI 0.1[ads1]%.



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