US stocks steady but trade war fears linger, despite GDP data
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· U.S. stocks close slightly higher Thursday as bond yields halted their slide, giving the market a reprieve from relentless selling sparked by continued.
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CHICAGO, April 25 (Reuters) – China may be a minor participant in global grain trade, especially relative to the volume it consumes, but recent policy changes, the trade war with the United States.
· Chinese manufacturers attending the ongoing Canton Fair in south China’s Guangzhou City are expecting steady trade growth this year despite poor economic data in the first quarter. The Canton Fair, or China Import and Export Fair, opened on Tuesday following data that showed exports and imports both fell sharply in March.
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World stock markets are closing out the week on a euphoric note, with Asian and European stocks and S&P futures roaring higher on Friday amid a sea of green on Friday on renewed hopes that the US and China were starting to repair their badly damaged trade relations.
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Asian stocks indices ended the session higher as yesterday’s weaker Chinese trade data lends itself to further stimulus by Chinese authorities to boost the economy amid a global slowdown in economic activity and growth. Japan’s Nikkei 225 index, was 0.8% higher, Australian market has ended the session firmer with the asx 200 adding 41 points or 0.77% to 5814.6.
Recent indicators show that inflation in the eurozone is steady, but remains well below the ECB target of around 2 percent. European stock markets have. European Union and other US trading partners.
· C hina defied expectations this morning by revealing it had returned to exports growth despite trade war fears. Exports in July were up 3.3pc from a year earlier, the quickest rise since March.
Despite last month’s slightly better data and inflation beating the central bank’s expectations, global uncertainty remains elevated amid the ongoing trade war.
1 day ago · JOHANNESBURG – June’s mining and manufacturing output data gave hope that the economy rebounded in the second quarter following a fall (GDP) in the first quarter of.
FTSE 100 closes higher as risk-on investor mood returns, trade war fears fade; FTSE 100 back to square one as sterling slides following GDP and trade releases