Asian stocks set for cautious gains wednesday on Sino-US trade hopes

Australian S&P/ASX 200 futures were down 0.55%, while Japan's Nikkei 225 futures were up 0.09%. Hong Kong's Hang Seng index futures were up 0.1%. Emerging market stocks rose 0.59%

WASHINGTON: Asian stock were set for a choppy session on Wednesday, following a mixed Wall Street lead as markets cheered signs of progress in U.S.-Sino trade negotiations but remained cautious about the broader economic outlook.

Top U.S. and Chinese officials reaffirmed their commitment to a trade deal that had appeared on shaky ground because of worsening bilateral ties following weeks of escalating tensions between the world's two largest economies.