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Stocks are soaring on fresh hopes of a 'tidal wave' of government stimulus and an end to the US-China trade war

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World governments are actively boosting their economies, while Donald Trump struck a positive note in his latest comments on the trade war.

Asian and European equities and US futures jumped on Monday as traders bet on a surge of government stimulus and celebrated a better outlook for the US-China trade war. China announced reforms to interest rates, Germany indicated it could find $55 billion to combat recession, and US Fed Chair Jerome Powell could signal further cuts to interest rates in a speech later this week.

Asian and European equities and US futures jumped on Monday as traders bet on a surge of government stimulus and celebrated a better outlook for the US-China trade war. China announced reforms to interest rates, Germany indicated it could find $55 billion to combat recession, and US Fed Chair Jerome Powell could signal further cuts to interest rates in a speech later this week.

 

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