Trump's Tokyo Visit Sparks Hope Amidst Trade Tensions

U.S. President Donald Trump's visit to Tokyo brings relief from trade war tensions and offers hope for a China rapprochement. Asian markets strengthen, with Japan, Taiwan, and South Korea near record highs. Key economic data and meetings could impact U.S. and global markets, anticipating Federal Reserve moves.

European and global markets await developments as U.S. President Donald Trump visits Tokyo, discussing baseball, golf, and Nobel Prizes, while hinting at a rare earth deal.

This lighter diplomatic atmosphere provides relief from trade tensions, allowing Asian markets like Japan, Taiwan, and South Korea to achieve record highs, buoyed by economic data.

China's stock market surged past 4,000 points, bolstered by a new trade deal with ASEAN. Meanwhile, global investors keenly watch major company reports and anticipate Federal Reserve actions on interest rates.

(With inputs from agencies.)