Global stocks and the price of Brent Crude rallied on the prospect of a more permanent US-China trade deal, as talks between the country’s delegations were extended to a third day. Oil rose above $59 a barrel for the first time in three weeks, with Hong Kong stocks the best performers in Asia, hitting a four-week high on the third day of talks. Hopes were lifted after President Trump tweeted: “Talks with China are going very well!”, while slowing global growth has also put pressure on both sides to reach an agreement.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis