SHANGHAI - Asian stocks jumped on Friday, lifted by White House comments that suggested the possibility of an imminent trade deal between Washington and Beijing, which revived hopes that their tariff war may be nearing an end.
U.S. S&P 500 e-mini stock futures also rose, adding 0.35% to 3,107.8 after the S&P 500 index finished at a record closing high on Thursday. In Hong Kong, where anti-government protesters paralyzed parts of the financial hub for a fifth day on Friday, the Hang Seng index gained 0.15%, but was on track for its worst weekly performance in nearly four months.
The safe-haven yen weakened, with the dollar rising 0.17% to buy 108.57 yen. The euro was barely changed at $1.1023 and the dollar index, which tracks the greenback against a basket of six major rivals was off just 0.02% at 98.143. Global sentiment has been buffeted in recent weeks by conflicting assessments of progress in talks between the United States and China aimed at ending their 16-month-long trade war.
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:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks hit by trade confusion and HK unrestAsian stocks and Wall Street futures fell on Wednesday, as confusing signals ove... Trade confusion?!? Buy low! Sell hi!
Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks retreat as China's growth slowdown deepensAsian stocks fell on Thursday after soft Chinese economic data showed the trade ... 😂😂 Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares rise as Kudlow comments lift trade hopesAsian stocks jumped on Friday, propelled by a record S&P 500 finish and White Ho... Larry Kudlow is America's only living economist who has been wrong in everything he has ever written or said
Source: Reuters - 🏆 2. / 97 Read more »
Bonds are reflecting doubt about a trade deal, yields fell quickly and 'trade more like stocks'A quick reversal in the bond market shows how easily investors can be spooked by doubts about a trade deal. Ya seen Amazon? Screw treasuries!!!
Source: CNBC - 🏆 12. / 72 Read more »
Stocks in cautious ranges ahead of China data, trade talk hopes fadeAsian stocks clung to tight ranges on Thursday as investors awaited key Chinese ... markets arent fading, which means it was all abou the fed. Trade war was just an excuse to lower rates back to 2017 levels.
Source: Reuters - 🏆 2. / 97 Read more »
Auto Stocks and Trade Jitters Push Global Markets LowerGlobal stocks edged lower as concerns over U.S.-China trade negotiations and weak Chinese economic data weighed on investors. After hitting record highs earlier this week Its crazy that wall street still believes this White House. It is pathetic that many traditional industries depend on the bonus of the global or regional economy's growing.
Source: WSJ - 🏆 98. / 63 Read more »