Asian shares rise as 'phase one' trade deal fans confidence

Asian shares ticked higher on Monday as investors cheered an announced trade agreement between Beijing and Washington over the weekend although jubilation was capped by prevailing scepticism about the deal. U.S. Trade Representative Robert Lighthizer on Sunday said a deal was “totally done”, notwithstanding some needed revisions, and would nearly double U.S. exports to China over the next two years. The small drop in Japanese shares also reflected continued investor trepidation over the specifics of the trade deal. …read more

Source:: Yahoo Finance

      

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