Global Markets Mixed Amid US-China Trade Uncertainty

Asia-Pacific markets traded mixed amid optimism from Trump's claim of a 'done' trade deal with China, though concerns over tariffs and global economic uncertainties persisted. Major indices in Japan, South Korea, and Hong Kong showed varied performance, while U.S. futures declined following weaker inflation data and ongoing trade tensions. The U.S. dollar weakened, and regional currencies appreciated, with notable movements in the yen and yuan. Additionally, Japanese manufacturing sentiment declined, and oil prices surged due to Middle East tensions.