Saturday, 23 November 2019

GLOBAL MARKETS-Stocks slip, dollar rebounds on rekindled trade hopes

GLOBAL MARKETS-Stocks slip, dollar rebounds on rekindled trade hopesThe dollar rebounded and global equity markets pared losses on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks helped sooth investor sentiment, though fears remained that a phase one deal might not occur until next year. Yields on U.S. Treasury debt rose, snapping three sessions of declines, bolstered by China saying it was willing to work with the United States to resolve core trade concerns, which rekindled some hope for a bilateral deal. A Wall Street Journal report that said China had invited top U.S. trade negotiators for a new round of face-to-face talks in Beijing also lifted sentiment.




from Yahoo Finance https://ift.tt/344HY5z

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