Asian equities ticked higher on Tuesday on optimism that the US and China may be able to reach a trade deal before a March 1 deadline. Japan’s Nikkei jumped close to 500 points or 3 percent, as the improved risk appetite lifted USD/JPY above 110.00. Stocks in Australia and New Zealand rose 0.32 percent and 0.90 percent, respectively. China’s Shanghai Composite index also added 0.3 percent as the S&P 500 futures gained 0.5 percent. In FX markets, the US dollar remained on the offensive, as concerns of a slowdown in Europe and Oceania has pushed up yield differentials in favor of the greenback. US and Chinese officials expressed hopes on Monday that a new round of talks would bring two sides closer to easing out trade tensions. It is worth noting that the 30-day truce period is set to end on March 1, after which the US is scheduled to hike tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent. The risk assets, therefore, could take a beating if the two sides are unable to reach a trade deal before March 1. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Trump: `We probably have some good news’ over border deal FX Street 3 years Asian equities ticked higher on Tuesday on optimism that the US and China may be able to reach a trade deal before a March 1 deadline. Japan's Nikkei jumped close to 500 points or 3 percent, as the improved risk appetite lifted USD/JPY above 110.00. Stocks in Australia and New Zealand rose 0.32 percent and 0.90 percent, respectively. China's Shanghai Composite index also added 0.3 percent as the S&P 500 futures gained 0.5 percent. In FX markets, the US dollar remained on the offensive, as concerns of a slowdown in Europe and Oceania has pushed up yield differentials… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
