· Asian shares surged on Monday, with a broad regional gauge hitting more than 14-week highs, as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors’ appetite for riskier assets.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS jumped 1.08%, touching its highest level since July 24, and on track for its biggest one-day gain since Oct. 11.
Markets in Japan were closed for a holiday.
· China stocks ended higher on Monday, helped by increasing optimism about the prospects for a Sino-U.S. trade deal.
The blue-chip CSI300 index rose 0.7% to 3,978.12, while the Shanghai Composite Index added 0.6% to 2,975.49.
The United States and China on Friday said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed the global economy, and U.S. officials said a deal could be signed this month.
· European stocks opened higher Monday as renewed optimism over U.S.-China trade talks looked set to reignite a risk-on approach from investors.
The pan-European Stoxx 600 climbed 0.4% at the opening bell, with autos jumping 1.7% to lead gains as the majority of sectors and major bourses traded in positive territ
Reference: Reuters, CNBC
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