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Asian Shares Rise on China's Policy Easing, Trade Deal Hopes


Thursday, 2 January 2020 09:53 WIB

MSCI Asia PacificAsiaSaham Asia


c_740_198_16777215_00_images_assets_ASIA_800x-1.jpg

Asian shares kicked off the new decade higher on Thursday, after global stocks ended the previous one at record highs, and buoyed by Chinese markets after Beijing eased monetary policy to support slowing growth.

Investors also cheered news that the United States and China will sign a trade pact soon after a year of volatile negotiations between the world's two largest economies.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.35% in morning trade after rising 5.6% in December.

U.S. President Donald Trump said on Tuesday that Phase 1 of trade deal with China would be signed on Jan. 15 at the White House, though uncertainty surrounds details about the agreement.

Source : Reuters


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