Global stocks rally as Beijing considers US trade talks

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Signs of possible dissolution in commercial tensions helped raise the level of global markets on Friday after Beijing said it was “evaluating” recent initiatives from Washington to start commercial talks.

The Chinese Ministry of Commerce said that the United States “recently transferred the messages to China through various channels, expressing the desire to participate in the discussions.”

“China is currently evaluating this,” said the ministry spokesman.

Global stocks rose, as Taiwan Taiex increased by 2.7 percent and the Hong Cong index in Hong Kong by 1.7 percent.

The Stoxx 600 in Europe gained 1.3 percent on Friday, and DAX jumped in Germany by 1.4 percent.

The S&P 500 rose 0.5 percent. Wall Street standards have been moved by strong large technology profits this week, and it is about to erase all its losses since it sent a “Liberation Day” tariff in Donald Trump on April 2 that global markets.

“The peak of uncertainty may end,” said Bny’s chief strategy in BNY.

Asian currencies against the dollar rose on signs of molten tensions. Renmenbi abroad increased by 0.7 percent to 7.23 yuan, while Korean is strengthened by 2.6 percent to 1,406. The Taiwanese dollar achieved gains, as it rose 4.9 percent.

“[Asia ex-Japan] “The currencies are working on a field day,” said Fiona Lim, which is subject to the big strategists at FX. The end of this trade war. . . It would provide a more benign environment for growth and investment in the region. ”

A statement on Friday, issued by the China Ministry of Commerce, said that the United States must appear “sincerity” for any talks, which included “preparation” to cancel a single -side customs tariff and take other non -specific steps.

It represents a simple softening of China’s position last week, when Beijing said that Washington would need to drop its sharp fees in China for talks. The potential hole of the talks was first indicated by the social media account linked to CCTV on Thursday.

Beijing said that its position had not changed. “China confirms that in any possible dialogue or negotiations, if the United States fails to correct the single definitions, it indicates complete lack of sincerity and will lead to the erosion of mutual trust,” the spokesman said.

“If there are talks, the door is wide open,” the ministry said. “If it is a battle, we will see it to the end.”

The notes came from Beijing when the United States and Japan agreed to aim to obtain a ready -made trade deal by June.

Wall Street’s profit also helped hedge the feelings in Taiwan and South Korea, the home of manufacturers of chips necessary to continue to build artificial intelligence servers.

The shares of the semiconductor manufacturer in Taiwan increased by 4.6 percent. SK Hynix and Samsung Electronics 4.8 per cent and 4.6 percent, respectively.