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Asian stock markets rose slightly on Friday, supported by a rise in U.S. technology stocks, but their gains were limited by fears of slowing economic growth in Europe and a sense of caution ahead of major events such as next week's Sino-U.S. trade talks.
The Euro struggled near a six-week low against the dollar after European Central Bank President Draghi voiced his concerns about the euro zone's economy in a pigeon speech.
A Reuters survey of hundreds of analysts around the world shows that the global economy is slowing at the same time, and any escalation of the trade war between the United States and China will lead to a more serious slowdown.
The MSCI Mingsheng Asia-Pacific (excluding Japan) index is up 0.2%, and this week's line is expected to fall 0.1%.
The Australian stock market rose 0.5% and the Korean Composite Stock Index (KOSPI). KS11 rose 0.7%.
Nikkei index. N225 rose 1%.
"The stock market may get some support, but the market is preparing for important events next week," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management.
"The Sino-US trade negotiations will provide insight into the progress of the negotiations. The British parliamentary vote is an important event in the process of British retreat. There is also the Federal Open Market Committee (FOMC) meeting.
Chinese Vice Premier Liu He will visit the United States on January 30 and 31 to participate in the next round of trade negotiations between China and the United States.
U.S. Commerce Secretary Ross said Thursday that the United States and China still have "a long way to go" to resolve trade issues, but there is a high possibility of a trade agreement between the two countries.
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