Wall Street futures jump on US-China trade deal hopes, Asian shares seen higher

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Wall Street futures jump on US-China trade deal hopes, Asian shares seen higher
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U.S. stock futures jumped on Monday on reports the United States and China were close to striking a trade deal after a year-long tariff skirmish ...

SYDNEY: U.S. stock futures jumped on Monday on reports the United States and China were close to striking a trade deal after a year-long tariff skirmish while the dollar eased as traders wagered Federal Reserve policy will remain accommodative.

All of that proved positive for risk sentiment with E-mini futures for the S&P500 and the Dow gaining 0.4 percent each while Japan's Nikkei futures climbed 0.6 percent."The market continues to gain confidence given news around trade talks between the United States and China," ANZ economists said in a morning note to clients.

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