China, Trump and trade deal
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Asian equities were mostly higher overnight as Vietnam and Indonesia outperformed while Japan and India underperformed. Hong Kong and Mainland China were both higher overnight on high volumes as health care stocks outperformed,
Leaders at a summit in Beijing split over Ukraine and many trade issues. They came together with small steps on climate change and critical minerals.
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DPA International on MSNEU, China mark 50 years of diplomatic ties as trade tensions loomThe European Union and China celebrated 50 years of bilateral diplomatic relations at a high-profile summit in Beijing on Thursday. But many contentious issues dampened the festive mood.
Fresh off his announcement of securing a trade deal with the European Union, President Donald Trump hopes he can do the same with China.
The euro rose on Monday following a framework trade deal reached over the weekend between the United States and the European Union.
Expectations are rock-bottom for an EU-China summit on Thursday that will test European resolve and unity as the bloc faces intense trade pressure from both Beijing and the United States, analysts say.
European leaders are meeting with top Chinese officials in Beijing to discuss trade, climate change and global conflicts.