Stock markets reflected optimism mixed with trade disputes and financial conditions that 'have been plaguing investors,' said London Capital Group's Jasper Lawler.
World stock markets were mixed on Monday as positives in the market battled with trade disputes and financial conditions that"have been plaguing investors," said London Capital Group's Jasper Lawler., while Chinese exports jumped 14% year-on-year in March after dropping 21% in February.
US-China trade talks could be nearing a conclusion, according to US Treasury Secretary Steven Mnuchin.and a recovery in Chinese exports were trumped by continued fears of slowing global growth. "Trade disputes and tightening financial conditions have meant that concerns over the health of the global economy have been plaguing investors," said Jasper Lawler, head of research at London Capital Group.
European Union countries voted on Monday gave a nod to kick off trade talks with the US. France voted against the mandates while Belgium abstained,JPMorgan and Wells Fargo shored up optimism last week with"strong" earnings reports,"providing confidence to equity traders that corporate America is performing well amid robust economic conditions in the United States," said Lukman Otunuga, research analyst at FXTM.
Those tensions could soon ease as trade talks are"getting close to the final round of concluding issues," said US Treasury Secretary Steven Mnuchin on Saturday,
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The top 10 US IPOs in the last decade and how their stock performed2019 is poised to be a hot year for IPOs, but looking back on the past decade, these are the top 10 U.S. IPOs based on valuation at the time of debut.
Read more »
U.S. Steel's stock tumbles after Credit Suisse turns bearish ahead of 'Sheet Tsunami'Shares of U.S. Steel Corp. tumbled 8.0% in midday trade Tuesday, after Credit Suisse analyst Curt Woodworth turned bearish on the steel maker, citing a...
Read more »
Oil markets are tightening amid 'increasing effectiveness' of US sanctions, IEA saysOil markets are tightening at the start of the second quarter amid a flurry of intensifying risk indicators, the IEA said Thursday.
Read more »
U.S. super-light oil output rise roils Texas, Oklahoma marketsGrowing production of Texas super-light oil - and worries about its quality comp...
Read more »
European markets set to open higher as US-China trade talks near 'final round'European markets are set to open higher on Monday, after U.S. Treasury Secretary Steve Mnuchin said he was hopeful trade talks with China would soon come to a close.
Read more »
Dow futures point to a modest open ahead of earningsU.S. stock index futures were slightly higher Monday morning, as market participants awaited further earnings reports.
Read more »
U.S. elites 'sell out the American people' to Chinese communism, Steve Bannon claims'All the McKinsey guys, all the Booz Allen [Hamilton] guys, all of the law firms, all of the accounting firms, Goldman Sachs, my old firm, all of the commercial banks, all of them,' President Donald Trump's former chief strategist said.
Read more »
Small U.S. Marine presence in Taiwan could ruffle Chinese feathersMarines and other military personnel have staffed the de facto U.S. Embassy in Taiwan periodically since 2005, a U.S. government spokesperson in Taipei said for the first time Wednesday when announcing the opening date next month for a new, 161,000-square-foot compound.
Read more »
S&P 500 closes near record high as earnings season begins in earnestU.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMo...
Read more »
Mnuchin says hopes U.S.-China trade talks nearing 'final round'U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agree...
Read more »