A sign sits on a wall at the London Stock Exchange Group Plc headquarter offices in the City of London, UK, on Wednesday, September 11, 2019. Picture: CHRIS J RATCLIFFE
MSCI’s all country world index, which tracks shares across 47 markets, was up 0.1%, just short of a record high hit last week. On Monday afternoon in Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.67%, touching its highest level since June 2018. Investors in China are looking ahead to trade and economic growth data due this week, which is expected to shed more light on early signs of economic improvement after the country logged its slowest pace of growth in nearly three decades in the third quarter.
“However, the 86-page phase 1 agreement has not yet been made public. There are doubts how comprehensive the deal is, and whether the phase 1 agreement will be implemented in full by both governments.”Xie said China’s fourth-quarter and 2019 full-year GDP figures, due on Friday, are also likely to draw scrutiny as investors look for signs that improvements seen in recent manufacturing surveys are reflected in broader growth and investment figures.