US-China tensions hit European cyclical stocks | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

LONDON, Aug 7 — European shares were trading largely flat today after their Asian peers were hit by an escalation in US-China tensions, but an upbeat earnings season and hopes of more stimulus kept most regional indexes on course for weekly gains. The pan-European STOXX 600 index opened lower...

A photographer takes pictures of the German share price index board at the stock exchange in Frankfurt, Germany, February March 9, 2020. — Reuters pic

US President Donald Trump yesterday moved to ban US transactions with popular Chinese apps, Tencent’s WeChat and ByteDance’s Tiktok, calling them “significant threats.” In a note to clients, Citi analysts said they viewed Trump’s moves as less “significant the consulate closure two weeks back continue to expect China to stay restrained in terms of a retaliation.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités