European stocks mixed amid rising Brexit and US-China trade hopes

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

European markets pointed to a mixed open Friday as positive signals emerge from trade negotiations between the U.S. and China and a meeting between British and Irish leaders over Brexit.

Day one of trade talks between top U.S. and Chinese negotiators ended with markets hoping for a limited trade deal and a delay to planned increases in U.S. tariffs planned for next week. U.S. President Donald Trump characterized the discussions as "very, very good" and plans to meet with Chinese Vice Premier Liu He at the White House on Friday.

The U.S. Federal Reserve on Thursday unveiled a final package of rules loosening the capital and liquidity requirements imposed on foreign and U.S. banks in the wake of the global financial crisis. Cleveland Fed President Loretta Mester said on Thursday that the U.S. economy will likely avert a serious downturn despite trade and global slowdown risks, advocating against any further rate cuts from the central bank.

In corporate news, French newspaper Les Echos reported on Thursday that Renault's board is set to meet Friday as CEO Thierry Bollore appeals against his potential exit from the carmaker, denouncing it as a "coup."Related Tags

 

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

Check the signs in the breadh indicator and not the wrods of people with interest

I'm still causing a feeling of surprise or wonder, how this deal is going through with Europe...

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines