It was something of a börsrally in Asia after Donald Trump’s message on Twitter late on Sunday, where he told me that the trade talks with China going so well that the White house decided to defer the duties, which according to plan would be introduced on Friday.
”On both sides to make further progress, we are planning a summit between president Xi and me at the Mar-a-Lago to complete the agreement,” wrote Trump and aimed at his private club in Florida.
https://twitter.com/realDonaldTrump/status/1099803719435239426
when the February last week started was jump for joy, in particular in China, where the CSI 300 rose by 3.5 percent to its highest level since June. Market capitalisation rose over the border for the bullish, writes Bloomberg.
the CSI 300 is the total index of the stock markets in Shanghai and Shenzhen.
Also the stock exchanges in Tokyo and Hong kong rose but slightly less.
Monday was the sixth day with the plus on the leading asian stock exchanges, which is the longest plus series in over a year, with a total of 540 billion dollars in increased market capitalization in the region.
strong chinese börsåterhämtningen has happened since the bottom in the end of the year.
that retreat from the threat of ”handelsapokalyps” and a less hawkish of u.s. central bank may help to alleviate the slump in global growth, it is flagged for the last time.
This week is waiting, however, several events with the american players who have the potential to affect stock markets in different directions:
Wednesday-Thursday, owns the Trump’s second summit with the north Korean dictator Kim Jong-Un rooms, as well as the chief negotiator in trade issues, Robert Lighthizer as governor Jerome Powell shall submit reports to the congress, and it will economic data for the fourth quarter of the year – delayed due to the earlier close down of the state apparatus.
Read more: Trump waiting with tariffs against China – the negotiations are going well
