Sydney — Asian share markets bounced broadly on Monday as investors dared to hope for both progress at China-US trade talks in Washington this week and more policy stimulus from major central banks. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9%, largely recovering from a sharp fall last Friday. Japan’s Nikkei climbed 1.8% to its highest level of the year so far, while Shanghai blue chips rallied 2.1%. E-mini futures for the S&P 500 were flat as trade was thinned by a holiday in US markets, while spread-betters pointed to a firmer opening for European bourses. The Dow and the Nasdaq had boasted their eighth consecutive weekly gains on wagers the US and China would hammer out an agreement resolving their protracted trade war. The two sides will resume negotiations this week, with US President Donald Trump saying he may extend a March 1 deadline for a deal. Both reported progress in five days of talks in Beijing last week. “That does not rule out a setback or two...
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