Global stocks have risen as the U.S. and China take minor steps towards cooling trade tensions between each other.
Donald Trump delayed a planned tariff hike on $250 billion worth of Chinese goods (from 25% to 30%), until October 15th.
The U.S. president described the move as a "gesture of goodwill" ahead of modern China's 70th anniversary.
Chinese companies are looking into the cost of buying U.S. agricultural products — including major imports like soybean and pork, a spokesman for China's Commerce Ministry said on Thursday.
China's Shanghai Composite Index (SHCOMP) closed up 0.8% on Thursday whilst Japan's Nikkei (N225) also ended 0.8% higher.
Traders are also optimistic about the outcome of the European Central Bank's meeting today.
The U.S. and China are expected to meet face-to-face in Washington next month for another round of trade negotiations.