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Asian stocks gain on US-China talks

Asian stocks gain on US-China talks

Asian stocks and U.S. stock futures rose after Washington announced successful talks with Beijing regarding artificial intelligence, with an agreement to establish a joint dialogue aimed at understanding goals and threats in the field. Markets also experienced relative stability, with oil prices declining for the fourth day, as Brent futures fell to around $101.65 per barrel. Treasury yields rose, and gold prices dipped slightly. Attention is now focused on a potential summit between Trump and Xi, with expectations of an extension of the trade truce and improved relations, amid anticipation of sharp movements in the Japanese yen with the start of the Japanese holiday.

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