Asian shares hit 14-week highs on trade deal hopes

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Asian shares hit 14-week highs on trade deal hopes
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Asian shares surged to more than 14-week highs on Monday as growing optimism ove...

The United States and China both said on Friday that they had made progress in talks aimed at defusing their protracted 16-month-long trade war, and U.S. officials said a deal could be signed this month.“As much as the U.S.-China trade updates continue to point to a Phase 1 deal looking like a certainty, the contentious issues on whether the U.S.

Those numbers followed a private survey of manufacturers in China that showed better-than-expected factory activity in October. But he added that continued uncertainty over trade talks and less room for monetary easing by global central banks made for a murky outlook.

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