This was driven by the strengthening of the global stock market, especially wall street. Investors expect potential trade war between the United States (US) and China can be avoided.
US states willingness to negotiate after the proposal of imposing tariff up to USD 50 billion for goods of China. The US move has received a reply from China that will impose tariffs on US imports of goods.
In stock trading Thursday (5/4/2018), quoted by Reuters, MSCI Asia Pacific stock index outside Japan rose 0.2 percent. Japan's Nikkei stock index rose 1.2 percent.
