Major world stock markets climbed on Tuesday, helped by hopes of more stimulus for China’s economy, while the euro declined against the U.S. dollar following weak German economic data.
Stocks in Shanghai .CSI300 and Hong Kong .HSI surged almost 2 percent after U.S. President Trump talked up chances of a China trade deal and Chinese officials then came out in force hinting at more stimulus for their slowing economy.
That came a day after data on Monday showed China’s exports unexpectedly fell the most in two years in December, while imports also contracted sharply.
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