Shares in Australia jumped in early trade as stocks on Wall Street sailed to new all-time highs overnight stateside amid positive sentiment on U.S.-China trade and economic data from China.
Market sentiment has gotten a boost in recent days amid anticipation of a phase one trade deal being inked between Washington and Beijing. U.S. President
said Tuesday he will be signing a first phase trade deal with China on Jan. 15 at the White House. The president also announced that he will be going to Beijing at a later date when phase two talks begin., which tracks the greenback against a basket of its peers, was last at 96.803 after rising from levels below 96.5 yesterday.
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