· European shares rose for the fourth straight session on Wednesday, as investors took heart from further signs of recovery in China and progress towards a possible trade deal between Beijing and Washington.
The pan-European index rose 0.7 pct at 0724 GMT, hitting its highest level since Aug. 10.
· Asian shares rose to fresh seven-month highs on Wednesday as investors cheered signs of progress in U.S.-China trade talks and brisk economic data, while oil approached the key $70 per barrel mark.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.8 percent on Wednesday afternoon in Asia, after earlier touching its highest level since late August.
The index has risen more than 3 percent since Thursday following reports of progress in trade talks between the United States and China, as well as reassuring factory activity data from China and the U.S.
· Japanese stocks rose on Wednesday as optimism over U.S.-China trade talks boosted shippers and other cyclical shares while index heavyweight Fast Retailing soared after it reported strong monthly sales.
The Nikkei share average rose 0.97 percent to 21,713.21, edging closer to its best level this year of 21,860.39 touched a month ago.
Shippers, among the biggest casualties of the U.S.-China trade war, gained 2.8 percent to near one-month highs, with Kawasaki Kisen rising 5.6 percent.
· China stocks on Wednesday closed at their highest levels since March 2018, aided by more evidence of economic recovery and signs of progress in U.S.-China trade talks.
The blue-chip CSI300 index rose 1.3 percent, to 4,022.16 points, while the Shanghai Composite Index closed up 1.2 percent at 3,216.30 points.
Reference: Reuters, CNBC
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