By Hideyuki Sano
TOKYO (Reuters) Asian stocks rose on Friday, driven by a sharp rise in Chinese stocks, Hopefully Washington and Beijing will make progress in trade talks, while global bond yields have risen after a further decline in worries about economic prospects.
The increase is more than 2%.
The mood of the markets was brighter as the US authorities said China had made proposals in trade talks with the US on a number of issues that were farther than before, including the forced transfer of technology
The US Minister Finance Minister Stephen Munchin said on Friday he had a "productive working dinner" the night before in Beijing, starting a day of negotiations aimed at resolving the fierce trade dispute between the two largest economies in the world.
optimism for investors. On Thursday, the growth was 0.36% and the added 0.34%. Despite the recent turmoil, the S & P 500 has risen 1
10-year bond yields rose to 2.403 percent from a 15-month low of 2.352 percent on Thursday after a nearly relentless decline since the Fed's last year's tone triggered worries about the US economic outlook.
Investors were in high concern as yields on the 10-year note fell below the US Treasury's Treasury last Friday, inversion of the yield curve, which is seen as an indicator of a recession. revised to 2.2% on an annual basis from an earlier reading of 2.6%.
"The economy is softening and softening so far, but whether the US is entering a recession is still controversial," said Matsumi Kagawa, Chief Executive Officer, Lobby Strategist at Rakuten Securities.
"The yield of lower bonds will help the economy until (US President Donald Trump is likely to take steps to support the economy as he seeks re-election." The economy may grow later this year, he said. 19659004] In the forex market, the euro remained stable at 1.1228 dollars after falling to a three-week bottom of 1.1214 dollars after speculation that the European Central Bank would introduce a multilevel
The yen was weaker at 110,785 for dollar, moving away from the maximum on Monday after a 1-1 / 2 month on Monday from 109.70
Turkish pounds suffered their wounds after a 4% decline on Thursday, Tayyip Erdogan accuses the currency's weakness in the West's attacks before Sunday's local local elections
The British pound rose 0.2% to 1.3069 dollars after dropping more than 1% on the previous day, and the prospect of a quick deal for Brexit has faded as the British Parliament again failed to reach a consensus on the way forward.
Oil futures quickly recovered from the damage caused by Trump's call for OPEC to increase its raw material production to cut prices.
Futures were traded at $ 59.64 a barrel, up 0.6% for the day and recovered from Thursday's low of $ 58.20. On Thursday, he declined by 6.6% and lost one sixth of its value since last week's peak in fears that economic slowdown may reduce demand.
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