Global stocks feel weight of renewed US-China trade wars
China-US trade talks concluded in Shanghai with no deal and each side blaming the other; the Fed is expected to cut rates by 25bps later in the day
31 July 2019 - 11:49
London — Fresh trade-war fears weighed on global stocks on Wednesday ahead of a US Federal Reserve meeting with the dollar holding firm and Britain’s pound subdued amid rising fears of no-deal Brexit.
Combative warnings from US President Donald Trump cast a shadow over China-US trade talks, which concluded in Shanghai on Wednesday. Beijing attributed the lack of progress to Washington’s flip-flopping...
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