NewsFeeder
11-15-2018, 12:27 AM
Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat
Asian stocks rose on Thursday, cheered by a bounce in Chinese equities on signs China and the United States may be taking steps to de-escalate their bitter trade dispute, while oil prices resumed their retreat on fears of oversupply. U.S. government sources told Reuters on Wednesday that China had sent a response to U.S. demands for trade reform but gave no further details, raising hopes the two sides could resume negotiations to end their trade war. U.S. oil futures (CLc1) fell 0.3 percent to $56.08 a barrel, after a slight bounce overnight that followed 12 straight losing sessions.
https://finance.yahoo.com/news/asia-edges-oil-slide-slows-004953744.html?.tsrc=rss
Asian stocks rose on Thursday, cheered by a bounce in Chinese equities on signs China and the United States may be taking steps to de-escalate their bitter trade dispute, while oil prices resumed their retreat on fears of oversupply. U.S. government sources told Reuters on Wednesday that China had sent a response to U.S. demands for trade reform but gave no further details, raising hopes the two sides could resume negotiations to end their trade war. U.S. oil futures (CLc1) fell 0.3 percent to $56.08 a barrel, after a slight bounce overnight that followed 12 straight losing sessions.
https://finance.yahoo.com/news/asia-edges-oil-slide-slows-004953744.html?.tsrc=rss