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International Business Times
International Business Times
Business

Most Asian Markets Extend Rally In Glow Of China-US Truce

Donald Trump called the tariffs cuts a 'total reset' and said talks with Chinese counterpart Xi Jinping could take place soon (Credit: AFP)

Most Asian stocks extended gains Tuesday as investors continued to bask in the glow of the China-US tariff suspension that has fuelled hopes the world's two economic superpowers will step back from a punishing trade war.

Equity markets across the world rallied with oil and the dollar Monday after the two sides said they would slash most of their eye-watering tit-for-tat levies and hold talks to end a standoff that has stoked recession fears.

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