Fresh monetary stimulus in Beijing and growing Sino-U.S. trade optimism helped E...
- Fresh monetary stimulus in Beijing and growing Sino-U.S. trade optimism helped European shares stay close to record highs on Thursday with banks and technology stocks leading a broad-based rally.
Riding the high tide across global markets, the pan-European stocks index STOXX 600 jumped 0.9% after declining for two straight sessions when caution crept in about how long a U.S.-China trade truce would last. “There is an ongoing view from the market that 2020 may feel better than 2019 did,” said Will James, deputy head of European equities at Aberdeen Standard Investments. “There is more of a value bias to the market positive noise around trade.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks set for mixed open as investors await US-China trade detailsEuropean stocks were seen mixed Thursday morning after U.S. President Donald Trump said that a phase one trade deal with China will be signed on January 15, though details of the deal remain hazy.
Read more »
Oil climbs on U.S.-China trade optimism, Middle East tensionsOil prices rose on the first trading day of 2020 as warming trade relations betw...
Read more »
Trump’s “Phase One” Trade Deal Leaves China With Massive AdvantageOne of the key reasons Trump launched his trade war has yet to be resolved.
Read more »
Trump Says He Will Sign Phase-One Trade Deal With China on Jan. 15President Trump said he would sign the phase-one trade deal with China on Jan. 15 and will later travel to Beijing for talks on a broader pact.
Read more »
Stock futures rise on China stimulus, trade optimismU.S. stock index futures rose on the first trading day of the new decade on Thur...
Read more »