Traders await developments in US-China dispute, while Trump’s talk of no UK-US trade deal hits sterling 2.56pm BST Markets are ending the week on a – marginally – positive note.Earlier this week, news of further tariffs to be imposed by the US on Chinese imports had left shares floundering, but there was a minor recovery today, mainly due to the lack of any further developments. 2.43pm BST The lack of any new trade tensions between the US and China is giving some support to Wall Street, but mixed results from three big banks have limited the gains.JP Morgan Chase beat expectations, but Wells Fargo disappointed and Citigroup shares were under pressure despite the bank reporting better than forecast profits. Continue reading…
Via: Markets shrug off trade fears but pound falls on Trump Brexit comments – as it happened
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