Asian stocks cheer Trump's delay of some China tariffs

TOKYO: Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil.

The surge in U.S. stocks lifted MSCI's broadest index of Asia-Pacific shares outside Japan by 0.8per cent. Uncertainty around political risks such as the unrest in Hong Kong also continue to keep investors on edge. The year-long tariff dispute between the world's biggest economies has already disrupted global supply chains and slowed economic growth.

"And while the tensions in Hong Kong are not a main caliber theme for all markets, their negative impact has been multiplied as they have taken place simultaneously with developments in Argentina." In volatile trading, the yen retreated to 106.980 per dollar overnight before finding its footing. On Monday, the Japanese currency had brushed a seven-month peak near 105.000.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Asian stocks bounce in relief as Trump delays China tariffsAsian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some ...
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »

Asian stocks bounce in relief as Trump delays China tariffs[TOKYO] Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

Stocks bounce, safe havens retreat as Trump delays China tariffAsian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some ...
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »

US stocks rally after Trump delays key China tariffsNEW YORK: Wall Street stocks rallied on Tuesday (Aug 13) after President Donald Trump delayed tariffs on key Chinese goods, a shift from recent ...
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »