Europe is expected to see a positive Monday open, as investors digest the latest surrounding trade talks between the U.S. and China.
European stocks are expected to see a positive start to Monday's session, as investors digest the latest news surrounding trade discussions between the U.S. and China.
Markets in Asia started off a new trading week on a robust note, with Chinese stocks soaring following a new report concerning trade negotiations. On Sunday, the Wall Street Journal reported that Beijing was proposing to reduce levies on a number of American products, including auto and farm goods, as part of securing a deal with Washington, which is reportedly close to completion.
An air of caution is expected by investors however, after U.S. President Donald Trump recently concluded talks with North Korea, without any agreements reached. Following his meeting in Vietnam, Trump said that he was"never afraid to walk from a deal" and that he could do this with China too, if it wasn't solved.
In the latest surrounding the topic, Irish Prime Minister Leo Varadkar has reportedly told colleagues in his cabinet, that a delay to June was"very likely", according to Ireland's Sunday Independent, who cited an unnamed minister.
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