Benchmarks in London and Frankfurt advanced in early trading while markets in Shanghai, Tokyo and Hong Kong closed lower.
On Monday, the U.S. Treasury Department officially labeled Beijing a currency manipulator, a status that opens the way to possible additional sanctions.The U.S. move “will likely contribute to a hardening of positions” in trade talks, Martin Petch of Moody’s Investors Service said in a report. London’s FTSE 100 was 6 points higher at 7,230.28 in early trading and Germany’s DAX gained 0.5% to 11,715.11. France’s CAC 40 rose 0.7% to 5,277.67.
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It's not just the trade war – these global fears could put stocks through the wringerThe U.S.-China trade war is spooking Wall Street, but Phil Orlando of Federated Investors says that's not the only hurdle ahead. I’m just asking for one more week of wringer please What Global Fears? The EU still has its head in the sand. If they loosen Monetary Policy, the bogyman will stay the closet. Peace at any price, pays no dividend. Buy TVIX as a hedge on the down.....
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