News Formal

European stocks seen higher despite concerns for US-China trade talks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

European markets are expected to open in positive territory on Tuesday despite uncertainty and pessimism over the outcome of trade talks between the U.S. and China.

, one government source told CNBC's Eunice Yoon on Monday. China is concerned after President Donald Trump said there would be no tariff rollback, which Beijing had thought both parties had agreed in principle, Yoon reported.

There were hopes over the weekend that talks, aimed at sealing a "phase one" of a trade agreement, could be progressing with a report by Chinese state media stating that "constructive" trade talks had taken place between Washington and Beijing. Unrest in Hong Kong is also being closely watched by investors. A Hong Kong University campus stand-off between anti-government protesters and police has now entered its third day. The city's leader Carrie Lam has urged a peaceful solution.have no power to rule on a proposed ban on face masksIn European news, focus in the U.K. remains on political campaigning.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Asia stocks set to trade higher as investors watch for US-China trade updatesStocks in Asia were set to trade higher at the open on Monday as investors look for further developments on U.S.-China trade.
Source: CNBC - 🏆 12. / 72 Read more »

Trump hails 'cash' to farmers from US aid package in China trade war - Business InsiderThe Department of Agriculture said on Friday it will begin making a second round of 2019 trade aid payments to US farmers next week.
Source: BusinessInsider - 🏆 729. / 51 Read more »