11 Sep Australia shares set to open higher on trade talk optimism, ECB stimulus promise
Australian shares are likely to open
higher on Friday as signs of progress in the Sino-U.S. trade
dispute boosted risk sentiment along with the promise of
continued stimulus from the European Central Bank.
China and the U.S. both announced concessions this week
ahead of upcoming trade talks in early October. U.S. President
Donald Trump later told reporters he would consider an interim
trade deal with China.
On Thursday, ECB chief Mario Draghi pledged
higher on Friday as signs of progress in the Sino-U.S. trade
dispute boosted risk sentiment along with the promise of
continued stimulus from the European Central Bank.
China and the U.S. both announced concessions this week
ahead of upcoming trade talks in early October. U.S. President
Donald Trump later told reporters he would consider an interim
trade deal with China.
On Thursday, ECB chief Mario Draghi pledged
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