Global markets rally as hopes of US-China trade deal rise

Wall Street hits record high after Donald Trump and Xi Jinping agree to resume talks

Stock markets around the world have rallied sharply as hopes of a peace deal in the US-China trade war rise.

Shares on Wall Street hit intraday highs on Monday after Donald Trump and the Chinese president, Xi Jinping, agreed to resume trade negotiations following a meeting at the G20 gathering of world leaders in Japan at the weekend.

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Read the original at Economics | The Guardian.