Global stocks rally on more encouraging US-China trade deal data
China says a trade deal could see tariffs removed in phases; European stocks are at a more-than four-year high
07 November 2019 - 11:55
London — Europe’s share markets hit a more than four-year peak and bond yields shuffled higher on Thursday, as Beijing signaled that a phase 1 trade deal with the US was close to being sealed.
Asia had been quiet overnight but things sparked just before Europe opened when China’s commerce ministry said the world’s two economic giants were working on a deal that would roll back trade tariffs in different stages...
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