The Japanese yen rose against most major currencies, especially US dollar, after positive data exceeded expectations for the world's third-largest economy.

Japan's gross domestic product (GDP) grew by 0.5% in the first quarter reading, while analysts had previously forecast a 0.1% contraction, according to government data.

Whilst Japan's industrial output fell by 0.6% last month, while analysts expected a 0.9% drop.

This comes despite the escalating trade dispute between the United States and China, where Google has today banned some business activities with Huawei.

Google stated that this step is in compliance with the decision of the US administration imposed a ban on companies to stop the use of Huawei technology for its risks to national security.

In terms of trade, by 18:50 GMT, USD/JPY fell by 0.1% to 109.8, and hit the highest price at 110.3 and the lowest price at 109.8.

US stocks fell on today's trading amid a deepening trade dispute with China, as pressure rose on technology companies after Google's decision to comply with President Donald Trump's call for cutting select business ties with Huawei.

Google said it had decided to stop dealing with Huawei and that it would not provide Android, the famous operating system, for the Chinese company's mobile phones and tablets.

This comes after the escalation of the war of trade and the mutual increase in tariffs by both Washington and Beijing on the imports of the two countries.

In the oil market, West Texas rose 0.5% to $63.10 a barrel, with a high of $63.8 and a low of $62.4.

Brent fell 0.3% to $71.97 a barrel, with the highest price of $73.4 and the lowest at $71.6.

At the close of trading, Dow Jones shed 0.3% (equivalent to 84 points) to 25,680 points, with the highest level at 25,751 points and the lowest level at 25,560 points.

Nasdaq slipped 1.5% (114 points) to 7702 points, and hit a high of 7,747 points, and a low of 7678 points.

Standard & Poor's fell by 0.6% (19 points) to 2,840 points, with the highest level at 2853 points and the lowest level at 2831 points.

Silver prices rose during today's trading, as dollar saw negative stability against most major currencies, amid esclation in the trade war which has driven investors to precious metals as a safe haven.

Google today suspended select dealings with Huawei, including stopping the availability of the Android operating system on computers and tablets manufactured by the Chinese company.

This comes after the US administration imposed a ban on companies to stop the use of Huawei technology for its risks to national security.

Sources revealed to CNBC that more technology companies in the United States are considering halting its dealings with Huawei.

The dollar index (against a number of major currencies) stabilized at 97.07 points by 19:07 GMT, hitting a high of 98.04 and a low of 97.8.

Silver futures (July delivery) rose by 0.4% to close at $14.445 an ounce. The metal hit a high of $14.455 and a low of $14.355 after a loss of 2.7% last week.

Gold prices rose slightly during today's trading as the dollar stabilized, in addition to the escalation in the trade dispute between Washington and Beijing, prompting investors towards the precious metal as a safe haven.

This comes after Google's decision to ban select dealings with Huawei, including stopping the availability of the Android operating system on computers and tablets manufactured by the Chinese company.

Google revealed that this decision complies with the ban imposed by the administration of President Donald Trump on US companies from dealing with Huawei and its technologies to its risks to the national security of the USA.

Separately, the dollar index (against a number of major currencies) stabilized at 97.9 points as of 18:12 GMT, hitting a high of 98.04 and a low of 97.8.

To the end of the session, Gold futures (June delivery) rose 0.1% to close at $1277.3 an ounce, with the metal hitting a high of $1278.8 and a low of $1273.3.