Stock markets rally on trade hopes, but UK retail sales fall – as it happened


It was a week defined by Brexit drama, US-China trade developments and ongoing political uncertainty in Washington.

Renewed optimism over US-China trade talks stimulated global risk sentiment on Friday with Asian stocks ending mostly higher. Although European markets are benefiting from the improved market mood, investors must remain alert and guarded.

Geopolitical risks in the form of Brexit uncertainties, a partial government shutdown in the United States and the unpredictable nature of trade negotiations have left market sentiment fragile. With concerns over slowing global growth adding to the cocktail of fundamental themes impacting risk appetite, stock markets remain vulnerable to downside shocks.



READ SOURCE

READ  Bayer says number of glyphosate plaintiffs jumps to 42,700

LEAVE A REPLY

Please enter your comment!
Please enter your name here