Everything (except oil) is going up on report that Washington is mulling interim trade deal with China to delay tariffs

And ECB restarts stimulus

Stocks gained on speculation the U.S. and China could be moving closer to a trade deal and after Europe’s central bankers restarted stimulus.

The steps by China and the U.S. to ease tensions ahead of face-to-face talks in Washington in the coming weeks are helping support sentiment as investors await monetary decisions from more of the world’s major central banks. The ECB stimulus will run until shortly before the next rate increase, and President Mario Draghi painted a gloomy picture of the region’s economy at a press conference after the decision.

The Federal Reserve is due to meet next week. On Thursday a measure of underlying U.S. inflation accelerating by more than forecast in August, complicating the central bank’s decision on whether to ease policy further. The dollar was steady. CurrenciesThe Bloomberg Dollar Spot Index slipped 0.2%.The euro rose 0.2% to $1.1034.The British pound rose 0.1% to $1.2344.The Japanese yen gained 0.1% to 107.74 per dollar.

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