KONTAN.CO.ID - NEW YORK, July 1 (Reuters) - Global stocks rose and bonds retreated on Monday after the United States and China agreed to restart trade talks at the G20 summit over the weekend, leading investors to bet that a breakthrough between the world's two largest economies would jumpstart global economic growth. The United States and China agreed on Saturday to resume trade negotiations after U.S. President Donald Trump offered concessions to his Chinese counterpart Xi Jinping when the two met at the sidelines of the Group of 20 summit in Japan. Those included no new tariffs and an easing of restrictions on Chinese tech company Huawei Technologies Co Ltd. China agreed to make unspecified new purchases of U.S. farm products and return to the negotiating table.
GLOBAL MARKETS-U.S.-China trade truce lifts global stocks, gold falls
KONTAN.CO.ID - NEW YORK, July 1 (Reuters) - Global stocks rose and bonds retreated on Monday after the United States and China agreed to restart trade talks at the G20 summit over the weekend, leading investors to bet that a breakthrough between the world's two largest economies would jumpstart global economic growth. The United States and China agreed on Saturday to resume trade negotiations after U.S. President Donald Trump offered concessions to his Chinese counterpart Xi Jinping when the two met at the sidelines of the Group of 20 summit in Japan. Those included no new tariffs and an easing of restrictions on Chinese tech company Huawei Technologies Co Ltd. China agreed to make unspecified new purchases of U.S. farm products and return to the negotiating table.