Premarket: Global stocks edge higher on U.S.-China trade deal hopes

Gamers play the ‘World of Warcraft’ computer game at the Gamescom gaming industry event

Gamers play the ‘World of Warcraft’ computer game at the Gamescom gaming industry event

Japan's Nikkei strengthened more than 1 percent.

MSCI's All Country World Index, which tracks shares in 47 countries, was up 0.1 percent on the day. It was last down 0.1 per cent at 96.410.

The indexes also rolled over as the S&P 500 tech sector fell 1.4 percent. Shares of Salesforce were the biggest decliners in the sector, sliding more than 4 percent ahead of their quarterly earnings release.

It could persuade Beijing that Trump is desperate for a win, or China might take it as a sign that Trump, as his advisErs say, is willing to walk away from a bad deal.

Tai listed the prospective Trump-Xi trade summit among such events while China's National People's Congress could provide clues on new policies aimed at boosting Asia's largest economy.

Earlier this year, when the outcome of the trade talks was still an uncertainty, Standard Life Aberdeen co-CEO Martin Gilbert said that the geopolitical risks created by the U.S.

The Wall Street Journal reported Sunday that the two sides are in the final stages of negotiating a deal that would involve the lowering of Chinese tariffs on a range of United States goods if the Trump administration removes broad sanctions against Beijing.

Volvo to limit the top speed on all its cars to 180km/h
Although speed limits exist in most countries he said that people are still exceeding those limits by a wide margin. For some background, within the current Volvo range, the lowest top speed is 118mph, and the highest is 155mph.

Beijing made clear in a series of recent negotiations with the USA that removing the tariffs on $200 billion of Chinese goods from day one was necessary to finalize any deal, said the people, who weren't authorized to talk publicly about the deliberations.

Many details still needed to be worked out, including the terms of an enforcement mechanism to ensure that Beijing follows through on pledges to make changes to policies to better protect USA intellectual property, end forced technology transfers and curb industrial subsidies. According to sources, this is not sitting well with the Chinese.

"While it will take time for economic data to stabilize from the current slowdown, policy shifts by central banks and governments, especially in the USA and China, should help support investor confidence for now", said Tai Hui, Asia-Pacific chief market strategist at JPMorgan Asset Management.

"China is carrying out [state-company] reforms in an orderly fashion, and won't change the pace because of the trade tensions with the U.S.", Guangpu said.

"The news has been priced into USA equities", said John Davi, chief investment officer at Astoria Portfolio Advisors. "But if you take a step back, positioning is still pretty light in USA equities, so even though we think everything is priced in, we could rally a little bit more". People haven't re-risked their portfolios since December. "If you look at fund flows ... it's still very light on the positioning side for USA stocks".

The back-and-forth on trade between the two countries has sent ripples through financial markets since past year, with investors fretting how tighter trade conditions could impact corporate profits.

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