September 12, 2019
Global equity markets are seeing positive price action today on the latest update from China. The Chinese government today made an announcement in which it had exempted several goods imported from the US from its tariff list which helped ease investors caution surrounding trade war between two nations. It also boosted expectations of trade talks between two nations albeit no concrete developments hinting at the date of the meeting had been made public by either party so far. While most major Asian benchmark indices and equities including Hong Kong market saw positive price action, the Shanghai market and major indices from the Shanghai stock exchange saw a loss for the second consecutive trading session today.