US EditionStock Markets Rise as China-US Trade Fears Ease
- Asian markets rose after Donald Trump's comments eased fears about China-US trade tensions, leading to increased investor optimism.
- Tokyo stocks surged to a record as Japan's ruling party announced a new coalition deal paving the way for leadership.
- Chinese state media reported that Vice Premier He Lifeng and US Treasury Secretary Scott Bessent held 'candid, in-depth and constructive exchanges' during their calls about trade.
- China's economy grew more than expected in the third quarter but at its slowest pace in a year, boosting positive sentiment in markets worldwide.
63 Articles
63 Articles
Watauga Democrat
Stock markets bounce back as China-US trade fears ease
Equity markets rose Monday after conciliatory comments from Donald Trump at the weekend eased worries about China-US trade tensions, while Tokyo stocks surged to a record on news of a deal to end political turmoil in Japan.
European stock markets closed mostly positive today. The stock market is responding to conciliatory comments from the US regarding US-China trade relations. The euro and oil are appreciating.
There is also a reduction in market stress caused by the US regional banks in the middle of the credit market problems.
Indian Rupee rises despite easing US-China trade tensions
The Indian Rupee (INR) trades higher against the US Dollar (USD) at the start of the holiday-shortened week on Monday. Indian currency markets will remain closed on Tuesday and Wednesday on account of Diwali Laxmi Pujan and Balipratipada, respectively.
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