Rally in Chinese markets lifts equities, while strong US economic data help the dollar edge higher
A pedestrian looks at an electronic stock board displaying the Nikkei 225 Stock Average figure outside a securities firm in Tokyo, Japan, on Friday, March 1 2019. Picture: TORU HANAI/BLOOMBERG
That, along with strength in other markets in the region, helped push MSCI’s broadest index of Asia-Pacific shares outside Japan up more than 0.3%. “There’s a disconnect between China’s place in the world economy and China’s place in the world’s stock markets. And the two things can’t be diverged for so long,” he said.
US President Donald Trump on Thursday fuelled concerns over trade talks between the US and China, warning that he could walk away from a trade deal with China if it were not good enough.
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