Waiting for new negotiations
Asian markets traded in different directions at the beginning of a new week. In this case, the indices change slightly: investors wait before the start of the G20 summit, which will begin on Friday, June 28, in Osaka.
In particular, market participants are interested in how the meeting between US President Donald Trump and Chinese President Xi Jinping will be held. The market expects further news on the trade dispute between the two countries.
In the first half of Monday, June 24, plus Hong Kong's Hang Seng index, Japanese Nikkei, Australian S & P / ASX 200, but everywhere the growth does not exceed 0.2%. Chinese indexes Shanghai Composite and Shenzhen Composite are falling, but also slightly - less than 0.4%.
Investors also assess the current situation in the Middle East. Last week, relations between the US and Iran worsened. This happened after the Iranian military shot down an American drone, and Tehran accused Washington of violating the country's airspace. In the United States stated that the incident took place in international airspace.
Earlier, the administration of Donald Trump claimed that Iran was to blame for the attack on two tankers in the Gulf of Oman, near the Strait of Hormuz - the key sea route for oil supplies from the Middle East region. One third of the world oil transported by sea passes through the strait.
Over the weekend, the US president said he was ready to negotiate with Tehran and stressed that he hopes to discuss the nuclear program. At the same time, on Twitter, Donald Trump announced tougher sanctions against Iran, which will take effect on June 24.
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