US-China trade talks as well as also economic data in focus

Market focus is usually largely attuned to global trade developments, having a delegation of U.S. officials set to travel to China for the next round of negotiations This kind of week.

The latest set of trade talks will take place in Beijing coming from Monday. This kind of comes after discussions in Washington last week concluded without a deal.

Both sides are trying to secure a comprehensive trade agreement ahead of a March 1 deadline when U.S. tariffs on $0 billion worth of Chinese imports are scheduled to improve to 25 percent coming from 10 percent.

Escalating tensions between the earth’s two largest economies have cost both countries billions of dollars as well as also roiled global financial markets.

In Asia, Chinese shares whipsawed on Monday after they resumed trading following a week-long Lunar fresh Year holiday. The blue-chip index rose 0.4 percent, though trading volumes were still likely to be light with Japan on a public holiday.

MSCI’s broadest-index of Asia-Pacific shares, excluding Japan, was around 0.1 percent lower.