Australian, NZ shares hit fresh peaks on China-U.S. trade pact [Reuters]
WOODSIDE PETROL LTD S/ADR (WOPEY)
NASDAQ:AMEX Investor Relations:
woodside.com.au/investors-media/announcements/pages/announcements-currentyear.aspx
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Source: Reuters
Australian, NZ shares hit fresh peaks on China-U.S. trade pact * Australian benchmark index crosses the 7,000 level * Financial stocks at two-month high * Woodside Petroleum rises after co flags higher 2020 output By Shriya Ramakrishnan Jan 16 (Reuters) - Australian and New Zealand shares soared to fresh peaks on Thursday as investors cheered a long-awaited preliminary trade deal inked between China and the United States, with the Aussie benchmark index crossing the 7,000 level. The deal, which will roll back some tariffs and boost Chinese purchases of certain American goods, marks a significant step in defusing a prolonged conflict that has rattled financial markets, struck recession alarms and disrupted supply chains. As of 0041 GMT, the S&P/ASX 200 index was up 0.5% at 7,031.5. The benchmark closed 0.5% higher on Wednesday. “It certainly helps that the United States and China are looking to put a united front when it comes to trade. The actual details of what they have signed is no
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