European stocks slump as Trump lashes out at China

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

LONDON: European stock markets slumped on Tuesday (Jul 30) after US President Donald Trump lashed out at Beijing just as trade talks resumed, ...

Advertisement

Renewed jitters over trade compounded a cocktail worries already weighing on stocks, said Fawad Razaqzada, market analyst at Forex.com. London's FTSE 100 index, meanwhile, outperformed eurozone markets as the weak pound lifted UK-based multinationals who sell their goods abroad. "If the intention of the government was to make the pound more competitive ahead of a no-deal Brexit, it has been stunningly effective," quipped analysts at Moneycorp.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

Australia Australia Latest News, Australia Australia Headlines