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Asian stock markets rose slightly Wednesday as US President Trump expressed optimism about reaching a trade agreement with China. The pound is in a difficult position as British Prime Minister Teresa May faces challenges within the Conservative Party.
In an interview with Reuters, Trump said that trade talks with China were ongoing by telephone and that he would not raise tariffs on Chinese goods until an agreement could be reached between China and the United States.
U.S. President Trump said that the arrest of Meng Wanzhou, the CFO chief financial officer, in Canada involved national security or helped to reach a trade agreement with China, and he would intervene in the case.
A Canadian Court on Tuesday approved Meng's bail while awaiting a U.S. extradition verdict, a move that could help ease the anger of Chinese officials over his arrest.
The MSCI Mingsheng Asia-Pacific (excluding Japan) index rose 0.27% moderately while the market remained cautious and avoided over-optimism.
Japan's Nikkei index. N225 rose 1.5%. E-Mini S&P 500 Index futures rose 0.07%.


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