NEW YORK (Reuters) – Global stocks and the euro rose sharply on Friday as signs of progress in trade talks between the U.S. and China and hope that Britain is moving closer to an exit. smoothly from the European Union.
MSCI's world equity index .MIWD00000PUS was on track for the first weekly increase in four. Main stock index of Frankfurt .GDAXI, considered sensitive to trade wars because of export-driven ingredients, ended 2.9% for the largest daily increase since January 4.
An improved appetite for risky assets was brought in from Thursday and improved after US President Donald Trump said that the good things of that happened during high-level China. -USA. Talk commercially and talk about the feeling warmer.
U.S. officials signal the good news has arrived after the end of the second trade talks with China, prompting investors to hope that the world's two largest economies will agree to cool down the fire. in their 15-month tariff war.
However, investors said they hoped, at best, a deal was limited in scope and noted that rhetorical measures in the past did not translate into meaningful moves.
We have been here where we have seen positive conversations. Mike Bell, global market strategist at J.P. Morgan Asset Management said, maybe they will be able to make a smaller deal on tariffs.
The pound was up nearly 2% against the dollar on Monday, putting it in the right direction for the biggest weekly gain in more than two years after the EU Brexit …
. PRC) (t) Credit and corporate debt (t) Currency / Foreign exchange market (t) European Union (t) Asia / Pacific (t) National government debt (t) News news (t) Graphic (t) Stock market (t)) Debt / Fixed income market (t) Europe (t) Commodity news (3rd party) (t) Wang's report United Kingdom (t) (t) Emerging market countries (t) United States