Premarket: U.S.-China trade optimism lifts stocks, U.S. dollar shrugs

This translation has been automatically generated and has not been verified for accuracy.Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia.

But it was nothing too dramatic. Ten-year yields were up no more that 2 basis point across the region, , and the major currencies barely budged too, having now got used to the constant tooing and froing of the year-long trade war. “To me, what we see is just market expectations, it is purely micro management of the market, nothing else. We have nearing a point where nobody cares about the discussions.”

Elsewhere in the region the Philippines joined the army of global central banks which have cut interest rates this month, with a 25 basis point trim to 4% Mexico could slice its 8% rates but a similar amount later too.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Trump says Japan trade deal opens new market for $7-billion in U.S. goodsTrump, at a signing ceremony with Abe on the sidelines of the United Nations General Assembly, said the deal’s first phase would cover $40 billion worth of digital trade between the world’s largest and third-largest economies globebusiness And he lost multiple times that in his botched dealings with China
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »