London, Nov 22 (AFP/APP): Stock markets rallied Friday as hopes resurfaced that China and the United States could quickly strike a mini trade deal, pending a broader agreement later, dealers said.
“Markets appear to have found some sense of positivity in a week that has seen its fair share of pessimism over the growing feeling the trade talks may have ground to a standstill”, said Joshua Mahony, senior market analyst at IG trading group.
Optimism returned to trading floors after a report said China’s point man on the US tariffs talks had offered to host a meeting to help push through their crucial mini pact.
At the same time, investors were nervous that the deal could collapse at any minute after US lawmakers passed a bill supporting Hong Kong rights, causing anger in Beijing.
