Trump said it would delay raising tariffs on Chinese imports to the United State

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      Asian stock markets looked good on Monday. Earlier, U.S. President Trump said he would delay raising tariffs on Chinese imports to the United States, calling the U.S. -China trade negotiations "significant progress".
AUD = D3 was moderately boosted by the news, while CNY = is expected to strengthen further.
The MSCI Mingsheng Asia-Pacific (excluding Japan) index rose 0.14% to its highest level since October, up 10% so far this year.
Stock index futures show that Japan's Nikkei index. N225 is expected to open higher, while the E-Mini S&P 500 index futures rose 0.3%.
So far this year, China's Shanghai and Shenzhen 300 index. CSI300 has risen by nearly 17%, partly thanks to the new credit provided by the Chinese government to the financial system.
U.S. President Trump said Sunday that he would delay tariffs on Chinese goods, thanks to progress in trade negotiations between the two sides, and that if progress continues, he and Chinese President Xi Jinping will reach an agreement.
A source familiar with the negotiations said that US and Chinese negotiators on Sunday discussed the thorny issue of how to implement potential trade agreements, and both sides had made progress on structural issues that led to differences.
Trump's tweet on Sunday said progress had been made on intellectual property protection, technology transfer, agriculture, services, exchange rates and other issues.


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