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Global markets rise as investors look at trade negotiations between the US and China

TOKYO (AP) – Global stock markets were mostly higher on Friday in volatile trading because investors seemed to hope that the US and China could still reach an agreement to settle their escalating trade war. France's CAC 40 received 1.0% to 5.33634, while Germany's DAX increased 1.2% to 12.121. The UK's FTSE 100 increased by 0.5% to 7 244 after some optimal growth rates for the first quarter. US stocks would set lower, with Dow futures decreasing 0.1% and S&P 500 futures shed 0.3%. The Shanghai Composite Index rose 3.1% to 2.939.21, while the A smaller stock market index in Shenzhen jumped 3.8%. Traders said it was mainly because Chinese institutional investors increased their purchases to support the country's financial markets. China's Ministry of Commerce said it would take unspecified "necessary countermeasures" after the Trump administration raised its $ 200 billion mission for China imports to 25% from 10%. The action came as trade negotiations are ongoing in Washington. "Investors are still adhering to the hope that the US and China will eventually be able to agree on some kind of agreement," said analyst at the finance company Rabobank in a comment. [19659006] Hong Kong's Hang Seng increased by 0.8% to 28,550.24, while Japan's Nikkei 225 fell 0.3% to an end of 21 344.92. Australia's S & P / ASX 200 increased almost 0.3% to 6,310,90. South Korea's Kospi increased by 0.3% to 2,108.04 and India's Sensex edged 0.3% to 37,681.09. Shares fell in Taiwan but recovered in Thailand. Analysts…

TOKYO (AP) – Global stock markets were mostly higher on Friday in volatile trading because investors seemed to hope that the US and China could still reach an agreement to settle their escalating trade war.

France’s CAC 40 received 1.0% to 5.33634, while Germany’s DAX increased 1.2% to 12.121. The UK’s FTSE 100 increased by 0.5% to 7 244 after some optimal growth rates for the first quarter. US stocks would set lower, with Dow futures decreasing 0.1% and S&P 500 futures shed 0.3%.

The Shanghai Composite Index rose 3.1% to 2.939.21, while the A smaller stock market index in Shenzhen jumped 3.8%. Traders said it was mainly because Chinese institutional investors increased their purchases to support the country’s financial markets.

China’s Ministry of Commerce said it would take unspecified “necessary countermeasures” after the Trump administration raised its $ 200 billion mission for China imports to 25% from 10%. The action came as trade negotiations are ongoing in Washington.

“Investors are still adhering to the hope that the US and China will eventually be able to agree on some kind of agreement,” said analyst at the finance company Rabobank in a comment. [19659006] Hong Kong’s Hang Seng increased by 0.8% to 28,550.24, while Japan’s Nikkei 225 fell 0.3% to an end of 21 344.92. Australia’s S & P / ASX 200 increased almost 0.3% to 6,310,90. South Korea’s Kospi increased by 0.3% to 2,108.04 and India’s Sensex edged 0.3% to 37,681.09. Shares fell in Taiwan but recovered in Thailand.

Analysts said China could raise tariffs on some US exports, although the amount would not match the costs incurred by the increase in US import duties. It could interfere with the involvement of US companies’ businesses and other areas.

The increased tensions, if not resolved soon by an agreement between Beijing and Washington, could damage the growth across the region and beyond, said Rajiv Biswas of IHS Markit.

“The escalating trade war between the United States and China contributes to significant existing headwinds that are already facing the Asia-Pacific region from a number of factors, including the sharp decline in the new orders of global electronics and weak new orders in the euro area manufacturing,” Biswas said. .

ENERGY: Benchmark US crude increased 33 cents to $ 62.03 a barrel in electronic commerce on the New York Mercantile Exchange. It dropped 0.7% to settle at $ 61.70 a barrel overnight. Brent crude, the international standard, added 42 cents to $ 70.81 a barrel.

CURRENCIES: The dollar incurred up to 109.79 Japanese yen from 109.77 yen. The euro strengthened to $ 1.1232 from $ 1.11216.

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