Rebound in Chinese shares, solid U.S. earnings support Asia – Investing

” A rebound in battered Chinese stock markets on Monday helped lift Asian equities, which also drew support from earnings-led gains on Wall Street in a welcome relief for investors grappling with an intensifying Sino-U.S. trade conflict.

Spreadbetters expected European stocks to open slightly higher, with Britain’s FTSE rising 0.1 percent, Germany’s DAX advancing 0.15 percent and France’s CAC adding 0.13 percent.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.35 percent.

The Shanghai Composite Index rose 1.4 percent as investors snapped up shares that were hit hard during a four-day losing run.

Chinese equities were expected to remain volatile as Beijing’s trade feud with Washington showed little signs of de-escalation. ”


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