Asian Shares Rise Amid Positive US-China Trade Talks

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Asian shares edged higher on Tuesday, buoyed by expectations about the US-China trade talks as officials struck a positive tone after the first day of negotiations.

Asian shares saw a slight increase on Tuesday, driven by optimism surrounding the US-China trade negotiations. Officials expressed positivity after the first day of talks, leading to a rise in regional stock markets.

The MSCI China Index on Bloomberg Terminal entered a bull market, indicating a 20% increase from its recent low. Equity-index futures for the S&P 500 also showed a 0.5% gain. Additionally, the dollar strengthened against all major currencies in the Group-of-10.

Meanwhile, treasuries remained stable, with yields on the 10-year US bonds increasing by 1 basis point to 4.48%.



Source: Bloomberg.com
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