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Asian Markets Bounce Back As China-US Trade Fears Ease

Markets Bounce Back As China-US Trade Fears Ease
International Business Times Fews App News Provider
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Japanese stocks led gains across Asia, with the Nikkei 225 hitting a record high AFP Asian markets rose Monday after conciliatory comments from Donald Trump at the weekend ease worries about China-US trade tensions, while Tokyo stocks surged to a record on news of a deal to end political turmoil in Japan. Investors also took heart from data showing China's economy grew more than expected in the third quarter, with the gains building on the positive mood from Wall Street, where all three main indexes bounced back from Thursday's losses. Sentiment took a hit last week from a fresh flare-up in the trade standoff between Washington and Beijing when the US president threatened to hammer China with 100 percent tariffs in response to its latest controls on rare earth exports.

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