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Asia hopes for best in trade talks, Brexit vote


Added 10-21-19 11:03:02pm EST - “Asian share markets made guarded gains on Tuesday amid cheery chatter about the ...” - Reuters.com

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Posted By TheNewsCommenter: From Reuters.com: “Asia hopes for best in trade talks, Brexit vote”. Below is an excerpt from the article.

SYDNEY (Reuters) - Asian share markets made guarded gains on Tuesday amid cheery chatter about the chance of a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit for the UK.

A holiday in Tokyo kept turnover light and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added a modest 0.3%.

Futures for Japan's Nikkei NKc1 were trading at 22,760, compared to Monday's index close at 22,548 .N225. South Korean stocks .KS11 rose 0.9% and Shanghai blue chips .CSI300 were flat.

China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said on Tuesday, adding that as long as both sides respected each other, no problem could not be resolved.

U.S. President Donald Trump sounded upbeat on a China deal on Monday, while White House adviser Larry Kudlow said tariffs on Chinese goods scheduled for December could be withdrawn if talks go well.

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