European stock markets are trying to revive themselves after Monday’s sell-off, but it’s slow going. The Italian FTSE MIB has jumped 0.5%, Spain’s IBEX is up 0.3%, but Germany’s DAX is only 0.1% higher. Investors are trying to decide whether the trade talks are really on the rocks, as Neil Wilson of Markets.com explains: There is a sense that the US is working extremely hard to extract last-minute concessions from China ahead of a planned visit by vice-premier Liu He.
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