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China stock markets rally on Trump optimism before trade talks: ‘Good things are going to happen’

“Though current trade talks are expected to be mid-level, there is optimism that further compromise can be reached ahead of the reintroduction of tariffs on March 2” writes Finanzen Net Gmbh for businessinsider.com. Chinese markets rallied on Monday on hopes that the resumption of trade war talks with the US would help end a brutal period for equities.Trade officials will begin two days of talks with their counterparts on Monday in Beijing. “I think good things are going to happen” on a trade deal, US President Donald Trump told reporters on Sunday, according to the New York Times. US markets have also been buoyed by the Federal Reserve’s comments about patience and flexibility on interest rates on Friday.
 
Source: businessinsider.com



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