Asian shares start cautiously after trade talks end, dovish Fed minutes
Updated : January 10, 2019 08:14 AM IST
Delegations from China and the United States ended three days of trade talks in Beijing on Wednesday in the first face-to-face negotiations since both sides agreed a 90-day truce in a trade war that has disrupted the flow of hundreds of billions of dollars of goods.
A multi-day rally in risk assets continued overnight after minutes from the Fed's December meeting showed a range of Fed policymakers said last month they could be patient about future interest rate increases and a few did not support the central bank's rate increase that month.
Oil also caught investors' attention after US crude and Brent jumped overnight, helped by optimism over easing Sino-US trade tensions, while OPEC-led crude output cuts also provided support.
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