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Stocks Up Big Before U.S.-China Trade Talks
Global stocks are rallying sharply Monday with investors bracing for significant volatility ahead of key trade war talks.
It looks set to be a busy week in markets, with fresh trade talks between Washington and Beijing, the possibility of a fresh government shutdown in the US, and likely confirmation that Germany is in recession.
Despite that, traders are optimistic at the start of the week, with Chinese equity indexes rallying as much as 3% on their return from a break for the Lunar New Year.
According to Reuters, world stocks slid from their earlier gains on Monday as less than stellar quarterly results from U.S. banks turned Wall Street sluggish. European stocks climbed at a modest pace..
SYDNEY (Reuters) - Asian shares stepped back from eight-month highs on Thursday as investors took money off the table amid fresh concerns about the ongoing Sino-U.S. trade talks and their impact on the..