Chris Wood on markets reaction to US-China trade deal, Fed rates

President Donald Trump (L) shakes hand with China's President Xi Jinping at the end of a press conference at the Great Hall of the People in Beijing on November 9, 2017.

Fred Dufour | AFP | Getty Images

President Donald Trump (L) shakes hand with China’s President Xi Jinping at the end of a press conference at the Great Hall of the People in Beijing on November 9, 2017.

Stock markets globally have to some extent recovered from a sell-off last December and could move higher if a “positive surprise” comes out of the trade deal between China and the U.S., according to financial services company CLSA.

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