Thursday 12 September 2019

Asian Stocks Rose On Thursday On Hopes For A Thaw In US-China Trade

Asian stocks rose on Thursday on hopes for a thaw in US-China trade frictions and expectations that the European Central Bank will kick off another wave of monetary easing by global central banks.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2% and Japan's Nikkei stock index rose 1%. Australian shares were up 0.41%.

Wall Street was led higher by tariff-sensitive technology and industrial stocks on Wednesday after China extended an olive branch ahead of next month's trade negotiations with the United States.

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