European stocks seen mixed as partial US-China deal fails to boost sentiment

President Donald Trump signed an initial "phase one" trade deal with China on Wednesday that will roll back some of the tariffs on one another's goods and increase Chinese purchases of U.S. products.

While the deal takes some steps to address unpalatable trade practices by Beijing, many of the key structural issues at the heart of the trade conflict remain unresolved as the two sides enter "phase two."index adding 0.4% while mainland Chinese stocks failed to get off the ground, with the Shanghai composite retreating 0.3%.

Back in Europe, trade tensions also flared between China and the Netherlands after Beijing's ambassador was quoted warning the Dutch government against preventing Dutch semiconductor equipment supplieris hoping to reopen talks with Italy's coalition government on motorway toll cuts following a long-running dispute over its concessions, Reuters reported citing two sources.

German inflation data is due Thursday morning, while European Central Bank President Christine Lagarde is due to speak at 6 p.m. London time.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set for mixed open as US-China trade truce nearsEuropean stocks were set for a mixed open Tuesday as Chinese negotiators arrived in Washington ahead of the signing of a long-awaited preliminary trade deal with the U.S.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks set to nudge lower ahead of US-China deal signingEuropean stocks were seen slightly lower on Wednesday as investors await the signing of the so-called phase one trade deal between the U.S. and China, with optimism slightly dented by comments from the U.S. Treasury. They should do better research since September last year they should know better today!
Source: CNBC - 🏆 12. / 72 Read more »

Stocks Hit Record Highs As U.S. Signs Phase One Trade Deal With ChinaStocks hit record highs as U.S. signs Phase 1 trade deal with China by skleb1234 skleb1234 Well, forget propaganda this is just an outright lie. skleb1234 Right in Time for 2020 election 🧐 skleb1234 Stock prices don’t help most American families, only the 1%.
Source: Forbes - 🏆 394. / 53 Read more »