Global stocks rally stalls as U.S.-EU trade war threat simmers

LONDON - World stocks slipped below the six-month high they reached earlier this week as U.S. President Donald Trump threatened more tariffs against the European Union, though the prospect of European Central Bank largesse kept them from falling too far.

U.S. and Asian stocks fell, and the MSCI world equity index, which tracks shares in 47 countries, dropped below the six-month low reached earlier in the week. A pan-European index of shares was up 0.3 percent, partly reversing Tuesday’s losses. Germany’s DAX rose 0.4 percent, after dropping nearly a full percent on Tuesday.

Global debt yields held mostly steady, with the 10-year German Bund yield little changed around the zero percent mark. The euro held at $1.1260, extending its slow recovery from a four-week low of $1.1183 touched on April 2. The British pound was little changed at $1.3066. The dollar was flat at 111.17 yen, having fallen 0.5 percent so far this week.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

EU sugar rises as regional market tightens, world prices languishSpot sugar prices in the European Union are recovering from last year's rec...
Källa: Reuters - 🏆 2. / 97 Läs mer »

Global stocks stall after Trump's tariffs block US-China trade deal progressThe first three days of the week saw strong gains for stocks around the world, but sentiment was more muted Thursday. こんばんは✨
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Global stocks stall on trade talk uncertainty, German data hits euroGlobal stocks held near the unchanged mark on Thursday, as investors looked for ... it'll tank about 6 months before the election
Källa: Reuters - 🏆 2. / 97 Läs mer »

Stock-market futures edge lower as Trump tweets threat of $11 billion in ‘tariffs on EU products’U.S. stock benchmarks on Tuesday see muted to slightly lower trade, amid the threat of a fresh escalation of tensions on tariffs with the European Union. Oh no, end of the world to have a level playing field
Källa: MarketWatch - 🏆 3. / 97 Läs mer »