Trump threatened on Tuesday to impose tariffs on $11 billion worth of EU products in a long-running dispute over aircraft subsidies, opening a new front in his global trade war.
But after falling the day before, European stocks rose slightly on hopes the ECB will propose some supportive policy when it meets later on Wednesday.Germany’s DAX rose 0.4 per cent after dropping nearly a full per cent on Tuesday. Global debt yields held mostly steady, with the 10-year German Bund yield little changed around the zero per cent mark.
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