Asian Markets Rise as Trump Hints at Trade Deal
Asian markets rose on Thursday amid optimism over a potential U.S. trade deal, enhancing stock futures and spurring investor interest. President Trump's hints of a major trade deal with an unspecified country stayed investors' fears about ongoing trade tensions, as attention turns to major central banks' meetings.
Asian markets surged on Thursday, buoyed by U.S. President Donald Trump's indication of a forthcoming trade deal in the backdrop of a global tariff conflict. The positive sentiment carried over to stock futures, with Nasdaq and S&P 500 both experiencing rallies.
In Europe, stock markets showed signs of a robust opening, underpinned by President Trump's announcement, rumored by The New York Times to be with Britain. Investors are also closely watching U.S.-China trade talks slated for Saturday.
Central banks from the U.K., Sweden, and Norway held key policy meetings, with the Federal Reserve maintaining interest rates amid inflationary risks. Markets revised expectations of a rate cut, with potential implications for global financial conditions.
(With inputs from agencies.)
ALSO READ
Global Markets Rally on U.S.-China Trade Optimism
Dollar Steadies Amid Fed Decision and U.S.-China Trade Talks Setback
Markets Brace for U.S.-China Trade Talks Amid Economic Uncertainty
Global Markets Steady Amid U.S.-China Trade Talks and Fed Decision Anticipation
Global Markets Fluctuate Amid U.S.-China Trade Talks and Fed Anticipation
Google News