European stocks and the dollar dented by G20 pessimism
Most analysts don’t hold out much hope of this week’s summit producing any meaningful agreement between the US and China
24 June 2019 - 12:02
London — European stocks stumbled and the dollar dropped to three-month lows on Monday as hopes waned for progress in Sino-US trade talks at this week’s G20 meeting and fears grew of a confrontation with Iran.
Investors are waiting to see if Presidents Donald Trump and Xi Jinping can de-escalate a trade war that is damaging the global economy and souring business confidence. The leaders will meet during a G20 summit in Japan...
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