¡°Sino-US economic and trade relations easing signs on Monday boost markets¡± ¡°Sino-US economic and trade progress boosts risk preferences¡± ¡°economic and trade optimism boosts Asian stock markets¡± ... on 27th, the global media has that on 26th, after the U.S. in Malaysia¡¯s capital Kuala Lumpur economic and trade consultation reached a basic consensus, the optimism in the market began to spread, there was a cross-asset rebound in the international market, global stock markets, oil prices, copper prices synchronously rose, the Australian dollar and other closely related currencies with China should also sound stronger.

Asian stock markets are rising.

On Monday, the Asian stock market jumped, and the Korean Comprehensive Stock Price (KOSPI) index broke 4,000 points for the first time. Within an opening hour, the index rose by more than 90 points, up 2.3% to 4031 points. The Japan Daily Index also stood at 50,000 points for the first time, a new record high. India and Thailand stocks also rose. MSCI¡¯s Asia-Pacific index (excluding Japan) rose by 1.3%, reaching a historic high.

The Hong Kong ¡°South China Morning Post¡± that the signs of a slowdown in China-US economic and trade relations gave people hope for further stability in the world¡¯s most important bilateral economic and trade relations. On Monday, China¡¯s stock markets opened high, Hong Kong¡¯s Hengxian index opened up 335 points, up 1.05 percent. The Hengxian 300 index and the over-the-counter index closed up more than 1.1 percent. In addition, as a popular alternative indicator for China¡¯s open risk, the Australian dollar and New Zealand dollar rose slightly. Insurance assets gold fell 1 percent, U.S. bonds fell, and the benchmark 10-year debt yield rose by 3.8 basis points.

Investors have responded positively to the positive signals that the two major economies of the world are about to reach a deal.The strong opening of the market on Monday fully reflects the general expectation of investors for strengthening global trade relations and continued economic growth. Market analysts believe that the easing of trade tensions is expected to boost exports, improve manufacturing prospects and overall economic stability, thus injecting strong confidence into the market.

America feels the heat.

The news of progress in China-US economic and trade consultations boosted global demand prospects, and to a certain extent alleviated market concerns about the weakness of the economy, and the Wall Street stock market followed up. According to the U.S. cable television news network (CNN) on the 27th, driven by the optimism of the progress of China-US economic and trade consultations, the U.S. stock market futures jumped on the 26th, as of 6 p.m. at 6:29 p.m. on the evening of the 26th U.S. Eastern time, the index futures rose by 0.65%, the ZIP 500 index futures rose by 0.74%, the Nasdaq index futures rose by 0.92%. The European stock index futures rose by 0.5% at the same time.

Sun Chenghao, an associate researcher at the Center for Strategic and Security Studies at Tsinghua University, said in an interview with the Global Times on the 27th that from a market perspective, commodity prices, especially crude oil, copper, iron ore and agricultural products (such as soybeans and corn) are often regarded as key commodity indicators for evaluating Sino-US cooperation. Once Sino-US relations show signs of improvement, agricultural products may become the first area to benefit, which will also have an impact on international commodity price trends.

CNN reported on the 27th that the tariff conflict has had a wide impact on the U.S. economy, involving many aspects from inflation to farmers and U.S. companies. The report believes that if a trade agreement can be finalized between China and the United States, it will provide a breathing space for American farmers (especially soybean farmers who have been severely hit by trade tensions).

The world wants to see signs of sustainability

China-US economic and trade relations and China¡¯s economic development continues to attract international attention.Reuters quoted Shenzhen Bank¡¯s chief investment strategist, Charles Channana, as saying: ¡°Investors want to see confirmation signals that a trade conflict ceasefire can beined, and hope that China¡¯s stimulus measures and reform signals can turn into tangible growth momentum.¡±

Data released by the National Bureau of Statistics of China on the 27th showed that from January to September, industrial enterprises above designated size achieved a total profit of 5.3732 billion yuan, a year-on-year increase of 3.2%, and the growth rate continued to pick up. In September, profits of industrial enterprises above designated size increased by 21.6% year-on-year. Both figures exceeded Bloomberg's expectations.

At present, many industrial centers in Asia are paying close attention to the follow-up trend of US tariff policy. India's "Znew" website commented that "China remains the core of these dynamics". The media said that even a slight easing of economic and trade tensions between China and the United States will benefit countries outside China and the United States.

Sun Chenghao said that as the world's two major economies and the most important trade hub, the stability and cooperation of China and the United States are of fundamental significance to global market confidence. The trade volume between the two countries accounts for nearly 1/5 of the global total, and the industrial chain is closely connected. If China and the United States fall into trade frictions, it will lead to increased costs of supply chain restructuring, increased inflationary pressures, and intensified fluctuations in global capital markets. When China and the United States initiate economic and trade consultations or release cooperation signals, international investor sentiment will improve. However, he also mentioned that there are still uncertainties in the current Sino-US economic and trade prospects.