Shares in the Asia Pacific region traded mixed on Monday, 29 April 2019, as investors struggled to track another record lead from Wall Street Friday that was fuelled by more strong earnings and better-than-expected US first-quarter GDP reading, while China-US trade talks come back into focus.
On the U.S.-China trade front, Treasury Secretary Steven Mnuchin said in an interview that negotiations between the two economic powerhouses were "into the final laps," according to reports. Eyes now turn to Beijing where top US negotiators will return for another round of trade talks with their Chinese counterparts, with the White House saying issues to be covered include intellectual property, forced technology transfer, agriculture and enforcement. While the general consensus is for the two to eventually reach a deal to end their long-running trade war there are still a number of sticking points, and Mr Trump has warned he is willing to walk away from talks of he is not happy with their progress.
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