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Asian stocks gain as Trump says China trade deal could be 'soon'

Reuters
Reuters9/26/2019 11:16 AM GMT+08  • 3 min read
Asian stocks gain as Trump says China trade deal could be 'soon'
(Sept 26): Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a US presidential impeachment bid ebbed.
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(Sept 26): Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a US presidential impeachment bid ebbed.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.13%. Japan’s Nikkei rose 0.40%. Chinese blue-chip shares advanced 0.20%.

The optimism over trade pushed market concerns about US political risks into the background, a day after Democrat lawmakers said they will open an impeachment inquiry into President Donald Trump’s dealings with his Ukraine counterpart.

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