With the absence of significant economic data in the Asian period, the markets continued to be affected by a less positive tone than expected. This comes as the Chinese embassy in the United States issued a response to Trump's decision that it does not want war with anyone, and that it is not afraid of recent decisions and will not participate in the trade war.
Asian stocks closed lower today, with Japan's Nikkei falling by 4.05% to 20716.9, Australia's ASX shed by 0.64% to 5802, Hong Kong's Hang Seng fell by 2.81% to 30199.0 and China's Shanghai index fell by 3.27% to 3,156.8.
Commodities benefited greatly from selling pressures that dominated the US dollar, especially gold, which rose by 0.76% to $ 1338.67 an ounce, Brent crude by 1.00% to $ 68.51 a barrel, and West Texas crude by 1.26% to $ 64.96 a barrel.
The JPY was the most heavily changed currency in the Asian session, with the USDJPY dropping by 0.50% to 104.74, Euro by 0.25% to 129.19, Sterling by 0.34% to 148.88, and Australian Yen by 0.25% to 80.78.
