News Formal

Asia stocks gain as Trump says China trade deal could be 'soon'

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

TOKYO (REUTERS) - Asian stocks rose on Thursday (Sept 26) as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a US presidential impeachment bid ebbed.. Read more at straitstimes.com.

TOKYO - Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a US presidential impeachment bid ebbed.

Lifting investor mood, Trump said a deal to end a nearly 15-month trade war with China"could happen sooner" that people think, which would remove a huge shadow over the global economic outlook. "It feels like the markets are looking to rally. It seems the markets haven't caught on to the fact these headlines about trade bounce around from one day to the next."

Analysts tempered their optimism over a resolution to the trade war because Trump's public comments often send mixed signals. Dallas Federal Reserve President Robert Kaplan said the odds of a recession in the next 12 months are relatively low, another reason for investors to shift more money into equities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singtel edges out Grab in attracting deposits as digital banks: CGS-CIMB

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines

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

Asia stocks rattled as Trump impeachment bid raises new risksTOKYO (REUTERS) - Asian stocks fell on Wednesday (Sept 25) after US lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world's largest economy.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US stocks gain as Trump more upbeat on China talksNEW YORK: Wall Street stocks rose on Wednesday (Sep 25) following upbeat comments from Donald Trump on China trade talks as investors largely ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US stocks gain as Trump more upbeat on China talksNEW YORK (AFP) - Wall Street stocks rose on Wednesday (Sept 25) following upbeat comments from Donald Trump on China trade talks as investors largely shrugged off the just-announced impeachment investigation of the US president.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »