Asian Markets Bounce Back From Trump Plunge 07 May 2019

Asian markets mostly rose Tuesday, paring some of the previous day's painful losses as investors welcomed news China's top trade negotiator will lead a delegation to Washington this week despite Donald Trump's threat to hike tariffs

Hong Kong, (UrduPoint / Pakistan Point News - 7th May, 2019 ) :Asian markets mostly rose Tuesday, paring some of the previous day's painful losses as investors welcomed news China's top trade negotiator will lead a delegation to Washington this week despite Donald Trump's threat to hike tariffs.

Equities across the region were hammered Monday -- led by Shanghai's worst losses in three years -- after the president's warning fuelled by frustration at slow progress in the talks.

Trump's remarks shocked markets, coming just days after officials on both sides had sounded positive on the talks, with markets broadly expecting an agreement to be announced soon.