GLOBAL MARKETS-Stocks climb on hopes for progress in trade; dollar up

* Oil ends lower
* Chilean peso drops after protests
* Benchmark 10-year yields up

(Updates to afternoon trading, adds oil price settlements,
Chilean peso weakness)
By Caroline Valetkevitch
NEW YORK, Oct 21 (Reuters) - World stock indexes rose on
Monday as hopes for resolving the U.S.-China trade war bolstered
investor optimism, and the U.S. dollar index edged higher.
White House adviser Larry Kudlow said tariffs scheduled for
December could be withdrawn if talks go well, adding to optimism
after China said it would work with the United States to address
each other's core concerns.
In Britain, the parliament's speaker refused to allow a vote
on Boris Johnson's divorce deal with the European Union,
suggesting the British prime minister faces further problems in
Brexit ratification. Johnson's opponents in parliament on Saturday demanded a
change to the sequencing of the ratification of the deal,
forcing him to request a delay.
MSCI's world equity index .MIWD00000PUS , which tracks
shares in 47 countries, gained 0.6%. The Euro STOXX 600 .STOXX
added 0.6%, while the S&P 500 .SPX index was also up 0.6%.
"It looks like the global economy has settled and worries
that we're falling into the depths of a recession have eased,"
said Alan Lancz, president of Alan B. Lancz & Associates Inc.,
an investment advisory firm based in Toledo, Ohio.
"It's a more settled market," he said. Also, "it's a matter
of maybe things just on hold politically."
On Friday, Chinese Vice Premier Liu He said that Beijing
will collaborate with the United States to address mutual
concerns on the trade war. Stocks investors are also gearing up for more high-profile
earnings reports this week from such companies as Microsoft Corp
MSFT.O and Amazon.com Inc. AMZN.O .
On Wall Street, the Dow Jones Industrial Average .DJI rose
50.61 points, or 0.19%, to 26,820.81, the S&P 500 .SPX gained
19.97 points, or 0.67%, to 3,006.17 and the Nasdaq Composite
.IXIC added 70.69 points, or 0.87%, to 8,160.23.
The dollar index .DXY was up 0.1% in afternoon trading,
while sterling GBP= was last trading at $1.2963, down 0.06% on
the day.
The Chilean peso CLP= was down about 2% and on track for
its biggest daily percentage decline in more than six years
after a state of emergency was declared in the capital city of
Santiago following violent protests over the weekend.
Against the dollar, sterling GBP= was last up 0.1% in
North American trade, having earlier broken above $1.30 for the
first time in 5-1/2 months. The euro was 0.18% higher against
the dollar EUR= , having also been lifted by Brexit optimism
this month by 2.23%. In the U.S. bond market, benchmark 10-year notes US10YT=RR
last fell 11/32 in price to yield 1.787%, from 1.75% late on
Friday. In commodities, oil prices fell. U.S. crude CLcv1 fell
0.9% to settle at $53.31 per barrel and Brent LCOcv1 settled
at $58.96, down 0.8% on the day. For Reuters Live Markets blog on European and UK stock
markets, click on: LIVE/

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World FX rates in 2019 http://tmsnrt.rs/2egbfVh
MSCI All Country Wolrd Index Market Cap http://tmsnrt.rs/2EmTD6j
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