Stocks across the globe rise on positive sentiment around trade talks

The company logo for Boeing is displayed on a screen on the floor of the NYSE, US, March 11 2019. Picture: REUTERS/BRENDAN MCDERMID

Chinese vice-premier Liu spoke by telephone to US treasury secretary Steven Mnuchin and US trade representative Robert Lightizer, and the two sides made substantive progress on trade, news agency Xinhua reported.The Shanghai Composite Index added 1% and Japan's Nikkei climbed 0.8%. China has so far promised billions in tax cuts and infrastructure spending, as weakening domestic demand and the trade war with the US curbs economic growth.

"We view the overall outcome of this week’s votes ... as positive for UK assets," strategists at BNP Paribas wrote in a research note."Indeed, the pound has risen by 2% on the week. Yet, while most of the routes ahead now look net positive, we still expect a bumpy path."

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Morgan Stanley says SA’s stocks are worth the riskA recent survey indicates foreign equity investors are more likely to add SA stocks than reduce in the next six months
Source: BDliveSA - 🏆 12. / 63 Read more »

Naspers heads towards recent highs as JSE follows Asian stocks upAsian stocks were buoyed by renewed commitments by the Chinese government to boost growth
Source: BDliveSA - 🏆 12. / 63 Read more »

PIC liquidated stocks to finance R4.3bn Ayo investmentGaanwe Adams, the portfolio manager of listed investments, told the PIC commission she and two of her direct line managers, received an email from former CEO Dan Matjila “which said we should create liquidity to settle the subscription of Ayo shares”.
Source: mailandguardian - 🏆 2. / 92 Read more »

Global stocks gain on optimism around Brexit dealThe Dublin stock exchange, a barometer for sentiment around the UK's departure from the EU, rose 0.9%
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE edges higher despite slip by banksThe JSE closed a little higher on Monday, largely due to a positive performance from Naspers, while banks came under some pressure from earnings reports.
Source: TimesLIVE - 🏆 28. / 59 Read more »