Trade Truce Prompts Relief Rally for Stocks, Oil, Yuan

1 Luglio 2019 0 Di Luna Rossa

Analysts caution that frictions about commerce between the world’s two largest economies are likely to be long-lasting

Global stocks and oil rose Monday, boosted by a temporary cease-fire on trade between Beijing and Washington.

Traders and analysts called the moves a relief rally, and cautioned that frictions around commerce between the world’s two largest economies were likely to be long-lasting. Many investors are also concerned about the potential for a further slowdown in China and about financial risk in that country.

The…

Sorgente: Trade Truce Prompts Relief Rally for Stocks, Oil, Yuan

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