The JSE could open a little higher on Tuesday as Asian stocks recover slightly amid trade talks between the US and Japan. US President Donald Trump said on Monday he hoped to finalise a trade deal with Japan soon, according to media reports. This comes after trade negotiations between the US and China broke down. Japan’s Nikkei 225 was 0.4% up on Tuesday, and Hong Kong’s Hang Seng index and Australia’s main benchmark both gained 0.5%, the Shanghai Composite added 0.9%, while Korea’s Kospi edged up 0.1%. Chinese internet and gaming giant Tencent, which has been on the back foot amid concerns that the trade war is turning into a technology war, rose 1.6% on Tuesday. That suggests a strong opening for major shareholder Naspers. BHP Group, another JSE heavyweight, was 1.5% up in Australia. JSE-listed Cartrack is scheduled to report full-year results on Tuesday, while no major data releases are expected in SA. Elsewhere, the EU is expected to publish consumer confidence, business climate...
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