World stocks rise before new US-Chinese round

SINGAPORE – Global markets generally climbed Monday as traders watched the situation evolve before holding a new round of trade talks between US and Chinese officials in Beijing this week.

CONSERVATION: In Europe, the French CAC 40 rose by 0.9% to 5,004.79 and the German DAX by 0.8% to 10,993.48. The British FTSE 100 index gained 0.9% to 7,134.72. Wall Street was ready for an open apartment. Futures contracts on Dow added 0.1% to 25,093.00. The S & P 500's futures contracts gained 0.1% to 2,709.80.

TALKS IN THE UNITED STATES: Representatives from the United States and China are scheduled to meet in Beijing Thursday and Friday for talks. US Treasury Secretary Stephen Mnuchin and Trade Representative Robert Lighthizer will lead the US delegation to talks aimed at bringing the two sides closer to resolving deep-rooted issues such as the disagreements over Beijing's technology policy. . The lower level talks were scheduled to start on Monday, but a resolution is not expected until a ceasefire on tariffs expires in early March. An agreement before that date, or a simple extension of the truce, will be considered positive for the markets. Otherwise, the United States should more than double taxes on the import of $ 200 billion worth of Chinese goods.

ANALYST'S S 'Take: "After the worst month of December and the best month of January, it seems like we're back to the point of inflection for different badet clbades, in the Waiting for a new direction, "said Jingyi Pan of IG in a market commentary.

DAY IN ASIA: Markets in China and Taiwan, which reopened after a week-long holiday in the Lunar New Year, posted strong gains. The Shanghai Composite Index jumped 1.4% to 2,653.90. Kospi in South Korea rose 0.2% to 2,180.73 and Hong Kong's Hang Seng rose 0.7% to 28,143.84. The Australian S & P ASX 200 was 0.2% lower at 6,060.80. Inventories rose in Taiwan but fell in Thailand, Singapore and Indonesia. Japanese markets were closed for holidays.

ENERGY: US crude oil lost 44 cents, or 52.28 dollars a barrel, in electronic trading on the New York Mercantile Exchange. It gained 8 cents to settle at 52.72 dollars a barrel in New York. Brent, used for the price of international oil, lost 17 cents to 61.93 dollars a barrel. He added 47 cents to close at 62.10 dollars a barrel in London.

CURRENCIES: The dollar rose to 110.03 yen against 109.73 yen on Friday night. The euro rose from 1.1324 dollar to 1.1316 dollar.

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