President Trump to Reach a Deal with Chinese President Xi JinpingMarkets moved higher after the reports of US President Donald Trump’s plan to reach an agreement with Chinese President Xi Jinping at the Group of 20 nations summit in Argentina later this month. European and Asian stocks rose on hopes of a trade deal between the two countries Hong Kong's Hang Seng jumped 4.2%, China's Shanghai Composite rose 2.7%, Japan's Nikkei gained 2.56% and South Korea's Kopsi rose 3.5%.
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