Trade optimism, rosy earnings send European shares to four-year peak

The German airline’s shares boosted the wider travel and leisure index .SXTP by 1.4%, making it one of the top gainers among the major European sub-sectors.

“Most market-optimism this week has been induced by the increasing chances of a mini trade deal between the U.S. and China,” said Timme Spakman, trade economist at ING. “There are still hurdles to be but it is positive that not only U.S. officials are optimistic but Chinese negotiators are sending positive signals as well.”

China and the United States have both agreed to cancel in phases the tariffs imposed during their prolonged trade war, the Chinese commerce ministry said..GDAXIIt also helped investors shrug off another weak data point from Germany showing industrial output fell more than expected in September. All eyes will now be on a Bank of England meeting later in the day, where the central bank is expected to hold interest rates steady ahead of a snap election in the UK on Dec. 12 to decide the fate of Brexit.

Keep trading optimisms, this is a sure shot way of losing money in the market! Zero fundamentals, just hype and noise - That sums up Wall Street today!

I bet realDonaldTrump will take credit for the great news from the European financial markets. I bet Super SCIF Breacher RepRussFulcher will play a big part in trump's story about taking credit for something he didn't do because they are the ComplicitGOP.

Someday maybe we live under the communism. We live under Big Brother is watching you George Orwell 1984 Do you think Hongkong people happy with the money they have?

Hell bent on not losing out on Christmas

And this house of cards is one tweet away from total collapse

This is not just premature, its very dangerous. Gamed out, all scenarios lead to a decreased likelihood of any positive trade outcome in 2019, maybe even 2020 IF EVER. Problem now is, if markets STOP rising, a crash will happen. So reality and the situation parted ways long ago.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks trade near four-year highsEuropean stocks traded near four-year highs on Tuesday, with market attention still focused on the prospect of a U.S.-China trade deal.
Source: MarketWatch - 🏆 3. / 97 Read more »

European markets seen lower; trade war, earnings in focusEuropean markets are expected to open lower on Wednesday as investors continue to monitor U.S.-China relations and corporate earnings. Bien
Source: CNBC - 🏆 12. / 72 Read more »