The US and China are back at the trade negotiation table
Most of the Asian stock indices rose on Monday to news of a truce between China and the United States
The United States has postponed the imposition of sanctions on Chinese imports by $ 325 billion, China has promised to increase purchases of food in the United States, and the Chinese corporation Huawei has been able to partially purchase components from American suppliers.
Countries have not yet resolved the main differences. Among them is the protection of intellectual property.
Against the background of positive news, indices went up. The Chinese Shanghai Composite added 1.88%, the Japanese Nikkei 225 up 1.95%. The most significant growth was in the technology sector companies.
After the G20 summit, the next event that will affect the stock exchange will be the two-day OPEC conference in Vienna, which will take place today.
The key issue of the meeting will be an agreement of exporting countries on restrictions on the extraction of raw materials. In the case of prolongation of the agreement, oil prices may rise for a short time.
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