Global Market Report - March 4

China stocks pushed back above a significant level at the start of a new trading week, helped by expectations of imminent news of a US-China trade deal

James Gard 4 March, 2019 | 10:53AM

Global Market Report

Asia

A 1% rise in the Shanghai Composite Index pushed it through 3,000 points today, the level it breached last summer as China stocks entered a bear market. The trigger for that was trade war fears and now with hopes rising for an imminent announcement from US and China, the turnaround looks nearly complete.

Japan’s Nikkei was also up 1%, closing at 21,822 points.

Europe

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James Gard  is content editor for Morningstar.co.uk

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