Asia markets set to advance after US and China signed a partial trade agreement

Asia markets looked set to trade slightly higher on Thursday after the United States and China ended some uncertainties for the world economy by signing a partial trade agreement. In Australia, the benchmark ASX 200 rose 0.63% in early trade, with all sectors trading up. U.S. President Donald Trump signed a partial trade deal with China on Wednesday that takes steps to root out several practices by Beijing that have irked the White House and members of Congress from both parties. The deal also d


Asia markets looked set to trade slightly higher on Thursday after the United States and China ended some uncertainties for the world economy by signing a partial trade agreement.
In Australia, the benchmark ASX 200 rose 0.63% in early trade, with all sectors trading up.
U.S. President Donald Trump signed a partial trade deal with China on Wednesday that takes steps to root out several practices by Beijing that have irked the White House and members of Congress from both parties.
The deal also d
Asia markets set to advance after US and China signed a partial trade agreement Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-16  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, deal, agreement, world, set, partial, china, advance, markets, chinese, 200, trade, yearsstill, signed, asia, higher, rose


Asia markets set to advance after US and China signed a partial trade agreement

Asia markets looked set to trade slightly higher on Thursday after the United States and China ended some uncertainties for the world economy by signing a partial trade agreement.

Nikkei futures pointed to a fractionally higher open for the Japanese market.

In Australia, the benchmark ASX 200 rose 0.63% in early trade, with all sectors trading up. The heavily-weighted financial subindex rose 0.77% as the country’s major banking stocks advanced.

U.S. President Donald Trump signed a partial trade deal with China on Wednesday that takes steps to root out several practices by Beijing that have irked the White House and members of Congress from both parties.

Those include intellectual property theft and forced technology transfers from U.S. firms in exchange for Chinese market access. The deal also details a $200 billion increase in Chinese purchases of U.S. goods over two years.

Still, some analysts say the agreement is ‘fragile’ and that more tariffs remain a possibility.


Company: cnbc, Activity: cnbc, Date: 2020-01-16  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, deal, agreement, world, set, partial, china, advance, markets, chinese, 200, trade, yearsstill, signed, asia, higher, rose


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