Asian markets rip higher as Trump praises ‘very productive’ trade negotiations with China

-Asian markets rocketed higher Monday on trade-war optimism.
-The biggest gains in China came from the Shenzhen Component Index, which rose just shy of 4% during Monday trading.
-Trade discussions between the US and China ended over the weekend, with both nations seemingly positive about them.
-“Trade negotiators have just returned from China where the meetings on Trade were very productive,” President Donald Trump tweeted on Saturday night.
-US markets are closed Monday in observance of Presidents Day.
You can follow the latest market action at Markets Insider.

The two nations are discussing their future trading relationship following the tit-for-tat exchange of tariffs during 2018.

Representatives from the two countries began talks in Beijing last week with the aim of making progress toward a trade deal of some form before the 90-day deadline imposed at the G20 summit in Argentina late in 2018.

Source: https://www.businessinsider.com/stock-market-news-trade-war-optimism-sees-asia-enjoy-best-day-in-3-months-2019-2

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