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* Asian Stock Exchanges: https://tmsnrt.rs/2zpUAr4
* Nikkei rises to the peak of 2019, China's blue chips rebound
* Investors build on progress of Sino-US talks in Washington
* Signs go up the big central banks are reviving
* Oil prices reach their highest level of the year until the contraction of the supply
SYDNEY, Feb. 18 (Reuters) – Asian stock markets rallied on Monday as investors dared to look forward to both Sino-US trade talks in Washington this week and increased stimulus from major central banks.
The MSCI's broadest share of Asia-Pacific shares outside Japan rose 0.9%, mainly after a sharp fall last Friday.
Japan 's Nikkei climbed 1.8% to its highest level of the year, while Shanghai blue chips rose 2.1%.
The E-Mini futures for the S & P 500 have been stable, trading has been reduced by holidays in the US markets, while spreadbetters have indicated a stronger opening for European stock markets.
The Dow Jones and Nasdaq have touted their eighth consecutive consecutive wins over the US and China bets on an agreement ending their long-running trade war.
Both parties will resume negotiations this week. US President Donald Trump said he could extend the March 1 deadline for an agreement. Both reported progress after five days of negotiations in Beijing last week.
"This does not rule out one or two setbacks by the beginning of March," said ABC badysts in a note.
"Even in this case, we still think that both parties have good reason to want to reach an agreement, and, so motivated, it makes an agreement more likely than otherwise."
More and more of the world's most powerful central banks are expecting more and more reflationary policies.
The need for an economic stimulus was highlighted Monday by data showing a sharp decline in Singapore's exports and a sharp drop in foreign orders for Japanese equipment goods.
Beijing has already taken steps to ensure that Chinese banks obtain the largest number of new loans ever in January, with the aim of reviving lazy investments.
The minutes of the Federal Reserve's latest monetary policy meeting are due to be released Wednesday and is expected to provide further guidance on whether or not a rate hike this year. There is also talk of the bank maintaining a much larger balance sheet than expected.
"Given the number of speakers who support" patience "since the January meeting, the Fed's minutes should reiterate a broadly conciliatory message," said TD Securities badysts in a note. .
A call from Fed officials speaks at various events this week, including a roundtable Friday on the future of its balance sheet.
EYES OF THE ECB
Olli Rehn, of the European Central Bank, told a German newspaper Sunday that recent statistics point to a weakening of the euro area economy and that interest rates would remain the same. level until the objectives of monetary policy are attained.
This came amidst many rumors that the ECB would launch another round of targeted long-term refinancing operations (TLTROs) to support bank lending.
The risk of an easy ECB saw the euro hit a three-month low on Friday before bouncing back on dovish comments from Fed officials.
The single currency edged up 0.2% Monday to $ 1.132, although it is still well in the trading range of 1.1213 to 1.1570 since mid-October.
The dollar remained stable on the yen at 110.53, after having pulled out of a peak of 111.12 in two months.
Sterling is shown firmer at $ 1,2913 before the Brexit negotiations that took place this week between British Prime Minister Theresa May and European Commission President Jean-Claude Juncker.
All this left the dollar down to 96.765 on a basket of currencies and moved away from last week's high of 97.368.
In commodity markets, the dollar drift allowed the gold mining company 0.23% to $ 1,323.56 an ounce.
Oil prices reached their highest level since the beginning of the year, thanks to OPEC supply cuts and United States sanctions on Iran and Venezuela.
US crude rose 25 cents to 55.84 dollars a barrel, while Brent crude rose 5 cents to 66.30 dollars.
(Edited by Sam Holmes & Kim Coghill)
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