Global stock markets jumped on Friday, fueled by renewed hopes for a deal to end the year-long trade war between the world's two largest economies. US and Chinese trade negotiators are maintaining"effective communication," China's Foreign Ministry said on Friday, according to Reuters. "Both sides remain in communication at various levels," a White House official told Markets Insider on Thursday. View Markets Insider's homepage for more stories.
Global stock markets jumped on Friday, fueled by renewed hopes for a deal to end the year-long trade war between the world's two largest economies. US and Chinese trade negotiators are maintaining"effective communication," China's Foreign Ministry said on Friday, according to Reuters. "Both sides remain in communication at various levels," a White House official told Markets Insider on Thursday. View Markets Insider's homepage for more stories.
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If true it means only one thing: Trump’s gonna cave...
Chinese stocks aren't.
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