Asian stocks soar to record peak on trade deal optimism

Top Chinese and US economic officials hashed out on Sunday the framework of a trade deal for US President Donald Trump and his Chinese counterpart Xi Jinping to decide on later this week.

Asian stocks surged while gold and bonds retreated on Monday as signs of easing trade tensions between China and the US buoyed risk appetite, in a strong start to a week that will be headlined by central bank meetings and megacap earnings.