Asian Shares Mostly Lower; China And Hong Kong Markets Outperform

Contributing sentiments towards policy:

52% : Hong Kong's Hang Seng index jumped 1.13 percent to 20,914.69 after Trump said the first trade deals are "very close" and voiced optimism that China would eventually come to the table. Japanese markets tumbled as a stronger yen weighed on export-related shares.
43% : Reports suggested that Australia has declined China's proposal to form an alliance against Washington's tariffs, opting instead for diversified trade partnerships and diplomatic negotiations.
30% : President Trump didn't rule out extending his 90-day tariff pause but said if the White House can't come to new agreements with its trading partners, the steeper rates would go back into effect.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.