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Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
Asia-Pacific markets were set to climb Wednesday, after Wall Street benchmarks mostly rose on easing U.S.-China trade tensions. Japan's benchmark Nikkei 225 is set to open higher, with the futures contract in Chicago at 38,365 while its counterpart in Osaka last traded at 38,300, against the index's last close of 38,183.26.
Questions about the longevity and future prospects of a U.S.-China trade deal gave gold a boost, with the front-month futures contract closing up 0.6% to $3,240.30 a troy ounce. "Despite the de-escalation in tensions between the U.
Asia stock markets traded higher on Monday following substantial progress in U.S.-China trade talks on Sunday. Traders awaited further details from the negotiations, which were expected to be announced on Monday.
Asian shares are higher after two days of trade talks between China and the U_S_ made what the U_S_ side said was "substantial progress."
Trump administration announced a “trade deal” with China following negotiations over the weekend in Switzerland.
Oil prices rose on Tuesday but gains were capped by rising supplies and caution over whether the pause in the U.S.-China trade war will lead to a longer-term deal. Brent crude futures rose 65 cents, or about 1%,
Oil prices hovered near two-week highs in early Wednesday trading, supported by a U.S.-China tariff truce and a weakening dollar. Brent crude slipped 10 cents to $66.53 per barrel, while U.S. West Texas Intermediate