Stocks, dollar up on US-China trade hope, details awaited


— Reuters

SYDNEY: Wall Street stock futures climbed and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided, though details of any deal were still to come.

Geopolitical tensions also looked to be easing as a fragile ceasefire held between India and Pakistan, while Ukrainian President Volodymyr Zelenskiy said he was ready to meet Vladimir Putin in Turkey on Thursday for talks.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China's Q4 GDP growth slows to 3-year low, full-year pace meets official target
World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland
Oil prices steady as ebbing Iranian protests lower chance of US attack
Foreign funds log second straight week of net inflows of RM716.1mil
Ringgit opens higher against greenback on better-than-expected 4Q GDP estimates
FBM KLCI slips on profit-taking as US-EU geopolitical tension escalates
Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana
Press Metal earnings outlook bright thanks to hedging
EU set to halt approval for trade deal with the US�
If I were an ageing oil palm tree

Others Also Read