· Stocks in Europe open higher on Wednesday morning as investors monitor an unexpected third day of trade talks between China and the U.S.
The pan-European Stoxx 600 was up by 0.6 percent with every sector in positive territory.
MSCI’s broadest index of Asia-Pacific shares outside
· Japan’s Nikkei rose for a third day on Wednesday as signs of progress in Sino-U.S. trade talks boosted confidence, offsetting weakness in chip-related stocks which underperformed on a Goldman Sachs report which forecast a tough year ahead.
The benchmark share average rose 1.1 percent to 20,427.06, recovering its 13-week moving average of 20,228.94.
Goldman Sachs forecast a tough year for chipmakers, particularly in the first half, while Samsung Electronics Co Ltd estimated a decline in quarterly operating profit for the first time in two years.
· China stocks closed higher on Wednesday on optimism around the United States and China moving closer to a trade deal, and Beijing encouraging consumer spending amid
The blue-chip CSI300 index ended up 1.0 percent at 3,078.48, while the Shanghai Composite Index closed 0.7 percent higher at 2,544.34 points.