Australian stock futures get a quick boost from US and commercial hopes in China By Reuters

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© Reuters. The DAX chart of the German stock index at the Frankfurt Stock Exchange

LONDON (Reuters) – Stock futures in Europe and the United States have briefly turned positive and the trade-sensitive Australian dollar has gained momentum after announcing US President Donald Trump and Chinese President Xi Jinping's were in agreement on the trade.

Traders quickly raised prices for Eurostoxx 50 () and DAX () futures, while futures on the S & P 500 () and Nasdaq () also rose early in London trading, but gains are quickly evaporated, the media reporting the two leaders on November 1.

The Australian dollar briefly rebounded 0.4% to $ 0.7269, but later slashed its earnings to 0.2% higher that day, at $ 0.7230.

Growing trade tensions between the world's two largest economies have dominated global markets this year.

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