Capping broader gains, however, was a perceived lack of progress coming out of U.S.-China trade negotiations.
The focus has now shifted to Europe where officials from Britain and the EU will meet at a make-or-break summit on Thursday and Friday that will determine whether or not Britain is headed for a so-called no-deal Brexit. “If there is a deal, sterling would rally and risk assets would rally, but the reaction could be limited to a day.”Traders, however, cautioned that sentiment remains fragile because the outcome of Brexit talks is far from certain and the U.S.-China trade war remains a risk to global growth.
The main sticking point remains the border between EU member Ireland and Northern Ireland, which belongs to the UK. Some EU politicians have expressed guarded optimism that a deal can be reached.
Brexit does not impact on the stock in the picture.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Macro headwinds are a buying opportunity for these stocks, Wall Street analysts sayCNBC combed through recent Wall Street research to find stocks analysts say are buying opportunities despite macro headwinds. permabull charlatans
Source: CNBC - 🏆 12. / 72 Read more »
European stocks turn down after Brexit, trade-driven rallyA three-day rally in European shares halted on Monday as investors assessed the ...
Source: Reuters - 🏆 2. / 97 Read more »
European stocks slink back on warier view of U.S.-China, Brexit talksEuropean stocks took a step backward on Monday as traders took more sober assessments on the prospect of U.S.-China trade pact and a deal for Britain to leave the European Union.
Source: MarketWatch - 🏆 3. / 97 Read more »
These stocks are long-term winners from the automation boom, Citi saysCompanies like General Electric, Siemens, and Honeywell are well-positioned to ride the automation boom, according to Citi.
Source: CNBC - 🏆 12. / 72 Read more »
94% of the time when this happens, stocks are a winning bet over bondsBank of America says investors should still look to stocks for value rather than bonds. We are headed into a major financial crisis that will be a liquidity event which involves government – not the private sector - as was the case in 2008. So buckle-up. This is something NOBODY has ever witnessed before!! Fed Model on steroids. StockMarket
Source: CNBC - 🏆 12. / 72 Read more »