Australian shares lift on US-China trade deal hopes

Australia's sharemarket has started the week higher after reports that China and the US are on the verge of a trade deal.

By AAP & CBA Newsroom

27 October 2025

A Chinese official waits on a chair in the corridors outside a the bilateral meeting between Chinese President Xi Jingping and President of the United States of America Donald Trump at the G20 summit in Osaka, Japan. Credit: AAP Image/Lukas Coch

Key points

  • S&P/ASX200 ▲ 37.7 points, or 0.42%
  • All Ordinaries ▲ 35.1 points, or 0.38%

Australia's sharemarket has started the week higher after reports that China and the US are on the verge of a trade deal.

The S&P/ASX200 gained 37.7 points on Monday, up 0.42 per cent, to 9,056.7, as the broader All Ordinaries rose 35.1 points, or 0.38 per cent, to 9,352.3.

The gains come after US inflation data all but locked-in an interest rate cut, and on reports the US and China have reached a deal framework to settle trade tensions around rare earths and technology exports.

Almost all 11 local sectors ended the day higher, with oil prices supporting energy stocks and as interest rate-sensitive segments like financials, discretionary spending and IT bolstered the bourse elsewhere.

The Australian dollar is stronger against the greenback, fetching 65.32 US cents, up from 64.99 US cents on Friday at 5pm.

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