Investors still edgy on fears of a full blown trade war between world’s two largest economies 2.46pm BST The US markets have made a bright start after last week’s rout following news that the US planned to impose $60bn of tariffs on Chinese imports.Investors have turned slightly more positive on hopes that the US and China could resolve the row before it turned into a full blown trade war, following positive comments over the weekend from US treasury secretary Steve Mnuchin. S&P said we were not in a trade war yet but much would depend on China’s plans for retaliation to the $60bn worth of sanctions announced by Donald Trump last week. 1.47pm BST Ahead of the US market open, a positive bit of economic data.The Chicago Fed’s national activity index has jumped from +0.02 in January to +0.88 in February. January’s figure was however revised down from +0.12. Continue reading…
Via: Markets edge higher on hopes US and China can resolve Trump tariff row -as it happened
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…