Energy Markets
Asian stocks soar after trade tensions and credit concerns ease
Asian shares rose Tuesday, as the prospect that trade tensions would ease between the two largest economies in the world boosted risk sentiment. Sanae Takaichi is set to be elected Japan's new prime minister. This will lift the Nikkei, but weigh on the yen. U.S. president Donald Trump said he expected to reach a fair deal with Chinese President Xi Jinping, and downplayed the risks of a conflict over Taiwan. In recent weeks, trade tensions between China and the U.S. have weighed heavily on the markets. Investors are now focused on Trump's meeting with Xi next week on the sidelines...