Asian stocks are rising with the support of optimism about trade conversations
Asian stocks rose on Tuesday, with the support of positive expectations about trade talks between the United States and China, after officials adopted an optimistic tone after the first day of negotiations. A regional stock index climbed 0.4% as US and Chinese officials are ready to resume today. The shares in Hong Kong and China were traded within a narrow series, while the future for US indicators in Asian trade has increased. The dollar last settled near its levels in 2023. The US Treasury effects maintained their stability, after the mortgage returns fell ten years in the previous session to 4.47% with the decline in inflation expectations. Careful optimism pending inflation data despite not announcing major breakthroughs after the first day of the talks, and the shares withdrew some of their early profits, as US officials looked optimistic about the progress of negotiations. In light of marketing the market for major inflation data Wednesday, and the entry of the Federal Reserve during the period of media eclipse before the coming decision on interest rates on June 18, is trying to determine fund managers who can push the S&B 500 index to return to a new record after the index rose by 20% of its lowest levels. “There is again an increasing optimism that negotiations will eventually lead to an agreement,” says Tikro Ouahara, an executive strategy at Ashet Management One in Tokyo. He added: “If the United States and China could achieve an understanding, it would be a positive development for the global economy.” The performance of the US stocks and the impact of trade talks was the “S&B500” index. On the other hand, Apple shares fell by more than 1% after their developers did not include any prominent developments in the field of artificial intelligence. The US Minister of Trade Howard Lootnick said the talks between Washington and Beijing were “fruitful”, while Scott, Treasury Secretary, described the meeting as “good”. “We are making good progress with China. China is not easy,” US President Donald Trump told reporters in the White House on Monday. According to a US official, the talks will extend to a second day, as the two parties try to reduce tension on technology shipping and rare soil elements. The official said that the advisers will meet again in London today, Tuesday, Tuesday. China sees the talks ‘an important opportunity’ that an editorial indicated in the official newspaper, and speaks of the ruling Chinese Communist Party, that trade conversations “provide another important opportunity for both parties to solve differences through dialogue and negotiation based on equality.” “It seems that the market has priced a scenario (full success), not only at the level of results, but also in the rate of rapid progress and the usual Trump style: escalation for calm,” says Hebei Chen, a market analyst at the company “Fantagal Global Prime” in Sydney. She added: “It seems that even a preliminary agreement is not sufficient to hold Asian shares on a budget path.” Commercial data confirms the impact of the fees, concrete evidence has shown that customs duties affect trade between the two largest economies in the world, as the data on Monday showed that Chinese exports to the United States recorded the worst decline in more than five years last month. However, the Asian markets were more optimistic on Monday. The Chinese share index traded in Hong Kong entered the emerging market phase, a term used when the index achieved 20% of the lowest level. In Wall Street, streets are increasingly optimistic about US stocks, as analysts in Morgan Stanley and Goldman Sachs have expected strong economic growth to limit any possible declines in the summer. Michael Wilson of “Morgan Stanley” said that the sharp improvement in the US companies’ profit expectations of the US companies a positive future for the “S&B 500” index until the end of the year, again the price target for 12 months at 6.500 points. The index closed at 6005.88 points on Monday. Meanwhile, the dollar index completed Tuesday. The twice the dollar generally highlights a number of other assets. Platinum continued its increase amid signs of serious scarcity in the market, while Silver jumped to its highest level in 13 years last week, and ‘Benjen’ rose for the fifth consecutive day.