Asian stocks rose on Tuesday while U.S. Treasury yields steadied allowing a bit of a breathing room for the U.S. dollar as investors took stock of the debt load of the world's biggest economy and awaited trade deals. "But then we're not really being fed any kind of fresh new news for investors to buy into... We haven't gotten any new deals coming through." With little indication of trade deals on the way, markets are struggling for direction, analysts said.
Japan is sticking to demand for US to eliminate tariffs, trade envoy says
TOKYO (Reuters) -Japan's top trade negotiator, Ryosei Akazawa, said on Tuesday there was no change to Tokyo's stance of demanding an elimination of U.S. tariffs in bilateral trade negotiations. Tokyo will not rush into clinching a trade deal if doing so risked hurting the country's interests, he said.
Reuters
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