European stocks seen sharply lower as trade tensions mount

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

European stocks were seen tumbling Monday morning as a rapid escalation of U.S.-China trade tensions continues to spook investors worldwide.

Investors have been flocking to safe haven assets such as the yen, bonds and gold, with China's yuan skidding against the dollar. Wall Street on Friday closed out its worst week of 2019 so far.

With earnings season winding down, HSBC on Monday announced the surprise departure of CEO John Flint, saying the bank needed a change at the top to address a "challenging global environment" despite posting a 16% rise in half-year profit.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Is Trump warning people about these tariffs so they can play the market? Then he rescinds his decision again and the Market swings the other way? Curious and Curiouser...

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:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker