{"id":76372,"date":"2025-06-11T16:50:31","date_gmt":"2025-06-11T06:50:31","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=76372"},"modified":"2025-08-05T18:39:49","modified_gmt":"2025-08-05T08:39:49","slug":"wednesday-11th-june-2025-asia-pacific-stocks-rise-as-u-s-china-trade-deal-nears-final-approval","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/wednesday-11th-june-2025-asia-pacific-stocks-rise-as-u-s-china-trade-deal-nears-final-approval\/","title":{"rendered":"Wednesday 11th June 2025: Asia-Pacific Stocks Rise as U.S.-China Trade Deal Nears Final Approval"},"content":{"rendered":"\n<h3><br \/><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei up 0.54%, Shanghai Composite up 0.54%, Hang Seng up 0.86% ASX up 0.18%<\/li>\n\n\n\n<li>Commodities : Gold at $3361.35 (0.49%), Silver at $36.68 (0.19%), Brent Oil at $66.8 (-0.09%), WTI Oil at $65.08 (0.23%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.477, UK 10-year yield at 4.5460, Germany 10-year yield at 2.5300<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(USD) NFIB Small Business Index&nbsp; 98.8&nbsp; to 95.8 expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets rose on Wednesday as the U.S. and China reached a trade agreement framework, according to officials from both nations. The deal, stemming from discussions in London, now awaits final approval from President Biden and President Xi. \u201cWe have reached a framework to implement the Geneva consensus and the call between the two presidents,\u201d stated U.S. negotiator Lutnick, a sentiment echoed by Li Chenggang, China\u2019s international trade representative.<\/p>\n\n\n\n<p>Talks continued into a second day, with U.S. Treasury Secretary Scott Bessent departing while Trade Representative Jamieson Greer and Lutnick remained to finalize the deal. Lutnick indicated discussions might extend into Wednesday if necessary, showing both sides\u2019 commitment to concluding the negotiation successfully.<\/p>\n\n\n\n<p>In the region, markets responded positively to the news. Mainland China\u2019s CSI 300 index gained 0.77%, and Hong Kong\u2019s Hang Seng Index rose 0.9%. Japan\u2019s Nikkei 225 added 0.45%, though the broader Topix index remained flat. South Korea\u2019s Kospi advanced 0.71%, briefly approaching a 42-month high, while the Kosdaq surged 1.71%. Australia\u2019s S&amp;P\/ASX 200 increased 0.29%, reaching a record high earlier in the session. India\u2019s Nifty 50 rose 0.11% at the open.<\/p>\n\n\n\n<p>Meanwhile, U.S. stock futures were flat during early Asia hours as investors awaited the release of May\u2019s inflation data. Overnight, optimism over trade progress lifted Wall Street. The Dow Jones climbed 105.11 points (0.25%) to close at 42,866.87. The S&amp;P 500 rose 0.55% to 6,038.81, and the Nasdaq Composite gained 0.63%, ending at 19,714.99\u2014marking the third straight day of gains.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>12:30 AM GMT &#8211; USD Core CPI m\/m<\/li>\n\n\n\n<li>12:30 AM GMT &#8211; USD CPI m\/m<\/li>\n\n\n\n<li>12:30 AM GMT &#8211; USD CPI y\/y<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets rose on [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76372"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=76372"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76372\/revisions"}],"predecessor-version":[{"id":76380,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76372\/revisions\/76380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=76372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=76372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=76372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}