Asian markets gained today on continued hopes for a break in the US-China trade war. Investors are staying positive ahead of the highly anticipated trade negotiations between the United States and China in the coming weeks. investors are now waiting for the Central banks in Japan, Taiwan, Indonesia and Federal Reserve's policy meeting will all meet next week.
Hong Kong's Hang Seng (HSI) was up 0.18%, Japan's Nikkei jumped nearly 1% and Shanghai Composite also rose 0.75% in today’s trade.
According to media reports, US President Donald Trump speaking with reporters on Thursday said he'd rather reach a "whole" trade deal with China, he didn't rule out the possibility of a smaller one.
Meanwhile, US stocks closed with gains even as the last hour saw profit booking, with Dow Jones flirting within 100 points of fresh all-time highs.
Oil prices hit 2-month lows on Iran sanction relief, improved geopolitical scenario, and higher US inventories. Mario Draghi resumed bond-buying with rates being cut to negative 0.5%.
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