Australia stocks jump as Wall Street surges to new highs

📆 03-01-20 04:33:00
📰 CNBC

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Shares in Australia jumped in early trade as stocks on Wall Street sailed to new all-time highs overnight stateside amid positive sentiment on U.S.-China trade and economic data from China.

Market sentiment has gotten a boost in recent days amid anticipation of a phase one trade deal being inked between Washington and Beijing. U.S. President

said Tuesday he will be signing a first phase trade deal with China on Jan. 15 at the White House. The president also announced that he will be going to Beijing at a later date when phase two talks begin., which tracks the greenback against a basket of its peers, was last at 96.803 after rising from levels below 96.5 yesterday.

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Remember all that 'reverse yield curve' hysteria a while back?

Australia is literally on fire right now. Who cares about stocks

IMPEACHMENT RALLY CONTINUES !!!! sanityreturns

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