China is well aware that major hurdles remain, a sentiment reflected in coverage of the deal by state-run media outlets that played down the deal while noting that it might stabilize the economy
Before Sunday's deal, U.S. corn, sorghum, wheat, undenatured ethanol, and refined copper cathodes had faced an additional tariff of 10% an imports into China.
The focus would increase on FY21 earnings which can grow by about 15 per cent, according to Vaibhav Sanghavi
The US and China have suspended additional tariffs on each other's goods after reaching a 'phase one' trade deal after prolonged negotiations
Other Chinese tariffs that had already been implemented on U.S. goods would be left in place
At a news conference in Beijing, Chinese officials said the two sides had agreed on the text of a deal, but offered no specific details on the amount of US goods China had agreed to buy.
The United States has now collected more than $39 billion from the tariffs placed on $360 billion worth of Chinese goods
Barring one, all the 19 sector sub-indices compiled by the BSE gained
US President Donald Trump had launched the trade war with China last year demanding Beijing to reduce massive trade deficit.
Thursday's gain in American stocks pushed the MSCI All-Country index to its first record since January 2018
Meanwhile, China is seeking the roll back of US tariffs on as much as $360 billion of Chinese imports before President Xi agrees to go to the US to sign a partial trade deal with Trump
Friday's jobs report provided a respite from all the pessimism on the economy amid poor numbers and persistent uncertainty on US-China trade negotiations
Spot gold was up 0.1% at $1,475.58 per ounce, as of 0811 GMT on Thursday, and US gold futures were up 0.1% at $1,480.90 per ounce.
The Dow Jones Industrial Average rose 86.27 points, or 0.31%, at the open to 27,736.05
Trump said that the only limiting factor to reaching an agreement with China is whether he wants to make a deal
Trump said he has "no deadline" for a deal and didn't mind waiting until after the election next year to make one
Trump told reporters, ''I have no deadline, no." In some ways I like the idea of waiting until after the election
The Communist Party newspaper Global Times ran several articles Monday that emphasized there would be no deal without a promise to phase out the tariffs imposed by Washington
Signs of a thaw in the US-China trade spat and prospects of an improvement in US economic growth have taken a toll on the metal, which has lost nearly $100 an ounce to trade at $1,456 today
The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund