Global stocks rose on Monday, driven by investor optimism over a U.S.-China trade truce and surging investment in artificial intelligence, while the U.S. dollar hit three-month highs as expectations for hefty U.S. rate cuts began to wane.

Investors are still focused on developments from last week, including central bank meetings and the U.S.-China agreement on a year-long trade truce that was within broad expectations. But doubts remain if the truce will last for the full duration.

In Europe, the broad STOXX 600 share index rallied 0.4 per cent in another heavy week for earnings, while the dollar gained and U.S. stock futures rose 0.3 to 0.5 per cent .

Investors cannot rely on their usual economic touchstone in the first week of the month - the monthly U.S. jobs report - and instead wil

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