Australia: Shares rise on trade deal optimism; NZ markets gain

  • Summary:


    [BENGALURU] Australian shares rebounded on Thursday, in line with Wall Street peers, after US President Donald Trump eased investor concerns saying talks with China on the interim trade deal were going "very well".

    The S&P/ASX 200 index jumped almost 1 per cent to 6,664.20 by 0025 GMT. The benchmark had declined about 3.7 per cent over the past two sessions.

    After roiling global markets earlier this week by raising the prospect of extended trade tensions between the world's top two economies, Mr Trump said at a meeting of NATO leaders near London that "discussions are going very well and we'll see what happens".

    Uncertainty persists over the US stance in relation to new tariffs on Chinese imports taking effect on Dec 15, but investors tend to cheer any hint of positiveness on reso ...



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