Negotiations between the US and China are entering their second day. Asian markets played off yesterday's upbeat optimism, with the mood remaining throughout the session that the two countries will achieve some success.
After the first meeting, a comment came from Trump, who said that "negotiations are going very well." The meeting between Deputy Prime Minister Liu He and Trump is also expected today.
Elsewhere, the pound remains strong against the dollar following comments that Ireland and the UK could reach consensus on a Brexit deal. Oil continues a good streak after OPEC's secretary general said the organization and Russia are ready to stabilize the market in every possible way.
S & P500's futures are up about 0.2%. Topix recorded a 0.6% increase, Hang Seng rose 0.4%, Shanghai Composite 0.1%, Kospi 0.9%, and the ASX200 posted a 0.7% increase.
The yen is trading at 107.96, the Chinese yuan is pegging at 7.0960, the euro is trying to hold at 1.1018 and the British pound remains at 1.2442.
10-year US bonds were fixed at 1.67%.
Oil rose up 0.3% at the beginning of the day, with gold stabilizing around 1497.10.
Source: Bloomberg Finance L.P.
Graphs: Used with permission of Bloomberg Finance L.P.
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