Nikkei declines as US-China trade deal stalls; Wall Street slips as Trump says China violated preliminary trade agreement - Fri 30 May 2025

Nikkei 225 Summary
Nikkei declines as US-China trade deal stalls; Wall Street slips as Trump says China violated preliminary trade agreement - Fri 30 May 2025

Chipmakers lead losers after US Treasury Secretary Bessent says US-China trade negotiation has hit a little bit of a road block with inputs required by Presidents from both countries.

Bucking the trend, pharmaceutical firm Otsuka jumps +6.82% on news of its new kidney drug Sibeprenlimab obtaining US FDA acceptance and priority review this week.

Meanwhile, Wall Street slips as Trump says that China has violated preliminary trade agreements.

Nikkei225  37,965.10 (-467.88 -1.22%) 95 up 127 down 3 flat

JGB 10YR   1.503% (-0.016)            

USD/JPY    143.83 (-0.36 -0.2497%)


 

 


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