Where Your Speech Is Free And Your Comment Is King - Post A Link

THE NEWS COMMENTER

Screenshot Reuters.com
VOTE  (0)  (0)

Trade nerves, bond yields and $80 oil buffet stocks


Added 09-25-18 05:03:02am EST - “orld stocks struggled to make headway on Tuesday after another round of U.S.-Chi...” - Reuters.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Reuters.com: “Trade nerves, bond yields and $80 oil buffet stocks”. Below is an excerpt from the article.

LONDON (Reuters) - World stocks struggled to make headway on Tuesday after another round of U.S.-China tariffs kicked in and investors’ nerves were frayed by rising expectations of central bank rate hikes and oil prices near four-year highs.

Following falls across Asian share markets, European bourses opened firmer, with a pan-European index up 0.2 percent . MSCI’s main index of world stocks .MIWD00000PUS traded flat, though it is holding just under six-month highs hit earlier this month.

Beijing and Washington have imposed new tariffs on each other’s goods and Chinese Vice Commerce Minister Wang Shouwen on Tuesday accused the United States of putting “a knife to China’s neck”.

Neither side appears ready for compromise, worrying investors the conflict is fast-becoming a protracted battle that will chill investment and hurt global trade.

The developments pushed Wall Street lower on Monday though futures indicated a slightly higher open ESc1.

Read more...

Post a comment.

CLICK TO SHARE

BACK TO THE HOME-PAGE