AP Photo/Eugene Hoshiko
JAKARTA (Reuters): Most emerging market stocks had a positive start to the week after the US and China struck a deal to slash trade tariffs, while signs of easing geopolitical tensions in various parts of the world further aided sentiment.
MSCI's index tracking emerging market stocks rose 1.8% on Monday to touch levels last seen in October after the two economic superpowers agreed a 90-day pause on measures and said that tariffs would come down by over 100 percentage points to a 10% baseline rate.
