The US President Donald Trump said on Sunday, that US will delay the China trade tariffs increase. According to him the trade talks have been productive.

-I will be delaying the US increase in tariffs for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself at Mar-a-Lago to conclude an agreement, he said in a Twitter tweet.

This was a relief for many stock market traders and the Asian stocks climed and the Chinese yuan rose against dollar during the trading day. The Japanese yen was little changed at 110,62 dollars.

The stock markets in Shanghai were up by 3,32 % to 3034 points and CSI-index by 3,55 % to 3644 points. HangSeng in HongKong was up 0,25 % to 28 888 points and the Nikkei 225-index was up 0,47 % to 21 525 points in Tokyo. The South Kospi-index was down 0,01 % to 2230 points.