Asian shares jumped to a one-week high on Friday as the United States and China ...
SYDNEY - Asian shares jumped to a one-week high on Friday as the United States and China returned to the negotiating table to resolve their tariff dispute and on hopes central banks and governments will do more to avert a global growth slowdown.
E-Minis for the S&P500 added 0.2% after more than 1% gain on Wall Street overnight and futures for Eurostoxx50 rose 0.3%. The comments spurred hopes for progress in the talks and boosted the Chinese yuan, which snapped a 10-day losing streak. On Friday, it was weaker at 6.8530. Germany is considering lowering its corporate tax rate while the U.S. government is thinking about issuing 50- and 100-year bonds in a bid to steepen the yield curve.
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