Markets rally as hopes for breakthrough in US-China trade dispute rise

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Donald Trump says talks between Washington and Beijing are progressing

Financial markets around the world have rallied amid early signs of progress in the bitter trade standoff between the US and China, as hopes rise for a breakthrough in the dispute.

Wall Street shook off days of volatility to post broad gains in early trading after Donald Trump said that talks between Washington and Beijing were progressing, while reports suggested that China was on the brink of redrawing its economic plans to give foreign companies more access to its domestic market.

Related: Markets rally as China ‘rewrites economic plan’; pound jumps over $1.26 – as it happened

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Source: china
Link : Markets rally as hopes for breakthrough in US-China trade dispute rise

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