World stock markets were mixed on Monday as positives in the market battled with trade disputes and financial conditions that"have been plaguing investors," said London Capital Group's Jasper Lawler., while Chinese exports jumped 14% year-on-year in March after dropping 21% in February.
US-China trade talks could be nearing a conclusion, according to US Treasury Secretary Steven Mnuchin.and a recovery in Chinese exports were trumped by continued fears of slowing global growth. "Trade disputes and tightening financial conditions have meant that concerns over the health of the global economy have been plaguing investors," said Jasper Lawler, head of research at London Capital Group.
European Union countries voted on Monday gave a nod to kick off trade talks with the US. France voted against the mandates while Belgium abstained,JPMorgan and Wells Fargo shored up optimism last week with"strong" earnings reports,"providing confidence to equity traders that corporate America is performing well amid robust economic conditions in the United States," said Lukman Otunuga, research analyst at FXTM.
Those tensions could soon ease as trade talks are"getting close to the final round of concluding issues," said US Treasury Secretary Steven Mnuchin on Saturday,
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