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Asian bulls dared to rely on trade talks, Reuters stimulus




© Reuters. Man looks in front of an electronic board that shows information on shares in a brokerage house in Nanjing

Posted by Wayne Cole

SYDNEY (Reuters) – Asian stock markets abandoned widely on Monday, as investors dare to rely on progress on Chinese -Trading talks USA in Washington this week and more policy incentives from major central banks.

The largest MSCI index in Asian-Pacific promotions outside Japan rose by 1

%, recovering from a sharp fall in the past few days.

Japan climbed 1.8 percent to its highest level this year, while Australia's main index rose 0.7 percent.

Shanghai blue chips jumped 1.6%.

But the E-Mini squeezers on the plane were flat, as trade fell on a holidays in the US markets.

And Nasdaq boasted of their eighth successive weekly winning bets that the United States and China will put out an agreement that will regulate their long-standing trade war. Both sides will resume talks this week, when US President Donald Trump said he could extend the deal on March 1. Both report on progress in Beijing's last week's talks.

"This does not exclude the reduction of either two from now until the beginning of March," – said the analysts of the Central Bank of the statement in a note.

we still think that both parties have a good reason to want to reach an agreement, and, so motivated, it is more likely to make an agreement than no "

.

The need for stimulation was highlighted on Monday, with evidence of a sharp decline in Singapore's exports and a large drop in foreign orders for Japanese goods.

Beijing is already taking steps with banks in China. new loans, registered in January, in an attempt to accelerate slow investment.

The minutes of the last political meeting of the Federal Reserve should take place on Wednesday and should provide more guidance on the likelihood of raising rates this year. There is also talk that the bank will keep a much greater balance than previously planned.

"Given the range of speakers in the January session, which support" patience, "the Fed's moments should repeat the general message, analysts said. TD Securities in the note.

Fed officials say at various events this week, including a round- The European Central Bank, Ollie Ren, told the German newspaper on Sunday that the latest data point to a weakening of the euro area economy, and interest rates remain at the current level until the end of the day. [FED/DIARY]

EVALUATION OF THE ECB

achievement of the whole Monetary Policy

This happened against the backdrop of massive speculation, when the ECB began a regular round of targeted long-term refinancing operations (TLTRO) to support bank lending.

The ECB's lightweight risk hit the three-month low in mid- 39, before flashing comments from the Fed

The single currency rose to $ 1,1309, but was still within the trading range of $ 1.1213 / 1.1570, which is held since mid-October. The dollar was steady against the yen at 110.53, departing from the two-month summit of 111.12.

Stirling was closer to $ 1.2909 on the eve of talks between British Prime Minister Teresa May and President of the European Commission Jean-Claude Juncker

All this left the dollar at 96.811 for a basket of currencies, deviating from the top last week 97.368.

In commodity markets, it increased by 0.28% to $ 1,324.70 per ounce

its highest in the year to date, backed by a drop in supplies shipped under OPEC and US sanctions against Iran and Venezuela. [O/R]

amounted to 36 cents to $ 55.95 a barrel, while festive cuisine increased by 20 cents to $ 66.45.


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