Asia Markets: Asian markets cautious after Trump cancels North Korea summit

Asian markets were mixed in cautious Friday, after President Donald Trump canceled his upcoming summit with North Korean leader Kim Jong Un.

Japan’s Nikkei NIK, +0.06% closed up 0.1% but had declined earlier in the session as the dollar USDJPY, +0.13% pushed above ¥109.70 at one point from ¥109.30 late Thursday. Commodity-related names were leading the way lower for Japanese stocks as they were poised to notch their first down week in two months. The marine-transportation sector was off 1.6%, the weakest performer in the Topix. Mining was off 1.1% following a sizable drop overnight in oil prices LCON8, -2.94% .

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