TOKYO - Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary that tariffs would remain in place for now.
The news came hours before the signing of a preliminary trade agreement to ease an 18-month-old trade war between the world’s two largest economies. He added that Mnuchin’s comment didn’t come as a total surprise to the market and the underlying sentiment should remain intact. In the currency market, the Japanese yen, often perceived as a safe haven, reversed earlier losses against the dollar as news U.S. tariffs would remain on Chinese goods through the U.S. election hurt risk sentiment.
The offshore yuan weakened to 6.905 per dollar after rising to 6.865, the strongest since July 11, on Tuesday.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Asian stocks rally to record high ahead of trade deal; yen slipsAsian share markets rose on Tuesday and safe-haven assets slid as signs of goodw...
Källa: Reuters - 🏆 2. / 97 Läs mer »
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.
Källa: CNBC - 🏆 12. / 72 Läs mer »
European stocks seen mixed as investors await trade and geopolitical developmentsEuropean stocks pointed to a mixed open Monday as the U.S. and China prepare to sign a so-called 'phase one' trade deal on Wednesday, while protests erupt in Iran over the downing of a Ukrainian commercial airliner. Degenerate gamblers looking for Volalitlity! MexRus130Aniversario. En Rusia 🇷🇺, la Navidad no se festeja el 25 de diciembre como en México 🇲🇽 y otros países mayoritariamente católicos/cristianos, sino el 7 de enero, en base al Calendario Juliano, que tiene un desfase de 13 días con respecto al Calendario Gregoriano. They're waiting to see if we sell off, today.
Källa: CNBC - 🏆 12. / 72 Läs mer »