Asia markets rally after Trump reassures on China-US trade deal | Malay Mail

An employee of the Tokyo Stock Exchange looks at a stock quotation board as he works at the bourse at TSE in Tokyo. ― Reuters pic

Appearing on Fox News, Navarro hit out at China’s handling of the coronavirus outbreak and when asked whether the much-vaunted pact signed in January was over he replied: “It’s over. Yes.” “Navarro’s fluffed interview answer served as a useful beta test for how relevant the US-China trade deal still is for markets, even among all the concerns over the coronavirus,” said Jasper Lawler at London Capital Group.

“When you have high levels of liquidity, when you have a recovering economy, low inflation, low interest rates, you really have a strong foundation for equities to move higher,” Victoria Fernandez at Crossmark Global Investments, told Bloomberg TV. “So far, infection spikes have been localised, but concerns should continue to grow about a second wave,” said AxiCorp’s Stephen Innes.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks climb after volatile trade on US-China trade confusion | Malay MailSYDNEY, June 23 — Asian equity markets bounced on Tuesday after US President Donald Trump said the US-China trade pact was “fully intact”, clarifying earlier confusing statements from the White House over the fate of the deal. MSCI’s broadest index of Asia Pacific shares outside of Japan...
Source: malaymail - 🏆 1. / 86 Read more »

Bursa pares losses as US-China trade deal onKUALA LUMPUR: Bursa Malaysia pared its losses towards the close on Tuesday on the US President Donald Trump's reassurance the US-China trade deal was on but it was the only Asian market in the red.
Source: staronline - 🏆 4. / 75 Read more »