In early trading, London's FTSE 100 gained 0.9% to 7,417.80 and Germany's DAX rose 0.5% to 12,351.22. France's CAC 40 added 0.2% to 5,634.80.
The congressional probe of Trump is adding volatility to markets already jittery over U.S.-Chinese trade tensions. In Asia, the Shanghai Composite Index gained 0.1% to 2,932.17 on the final day of trading before a weeklong Chinese holiday. Traders were encouraged by a Chinese Commerce Ministry announcement that importers had agreed to buy U.S. soybeans as the two sides make conciliatory gestures ahead of trade talks. That followed an earlier decision to list punitive tariffs on soybeans, the biggest Chinese import from the United States.
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Trump says Japan trade deal opens new market for $7-billion in U.S. goodsTrump, at a signing ceremony with Abe on the sidelines of the United Nations General Assembly, said the deal’s first phase would cover $40 billion worth of digital trade between the world’s largest and third-largest economies globebusiness And he lost multiple times that in his botched dealings with China
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