Left Menu
Development News Edition

European shares edge higher after U.S.-China trade deal


European shares edge higher after U.S.-China trade deal
Represenatative Image Image Credit: Pixabay

European shares gained ground on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, but some questions still remained over certain key issues.

The pan-European STOXX 600 index was up 0.1% by 0806 GMT. Global markets paused around record highs following the signing of the agreement on Wednesday, as the deal highlighted the daunting purchase commitments of U.S. goods by China while leaving existing tariffs in place.

However, the prospect of no further escalation in the economically damaging trade war encouraged a slight risk-on mode. The European retail subindex was the best performer, led by an 11.1% rise in German meal-kit delivery company HelloFresh after it flagged a stronger 2019.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION/BLOG/INTERVIEW

SDG2030: Challenges of technological applications in advancing Global Goals

Application of contemporary and future information technologies may go milestones in advancing sustainable development goals SDGs provided the challenges are overcome and implementation is ensured....

Sustainable Fashion: UNDP wants you to wear properly to reduce Global Warming 

The experts have estimated that the amount of water used to prepare one pair of jeans and a T shirt is sufficient for a person to drink for 13 years....

World Economic Forum suggests 8 Education Models for Future Schools

In a report released on January 14, the World Economic Forum WEF has also picked two examples for each model from throughout the world. The WEF has emphasized that these schools systems would be crucial for Forth Industrial Revolution.&#160...

Bitterness before US-China Trade Deal on Wednesday

Both the superpowers are going to sign Phase 1 of the US-China Trade Deal on Wednesday. The stock markets are hovering on all time high but the questions are being raised on sustainability of the deal as spat continue between them on severa...

Videos

Latest News

Nine students score perfect 100 in JEE Main exams

Nine students scored a perfect 100 in the JEE Main examination results declared on Friday night, the HRD Ministry said.Of the nine who got a perfect 100 score in the examination held in January this year also include Delhi boy Nishant Agarw...

RIL-Saudi Aramco deal unlikely to close by March-end, says CFO

Mukesh Ambani-led Reliance Industries is unlikely to close the deal for 20 per cent stake in its oil to chemicals business to Saudi Aramco by March 31 this year, according to a senior company official. In August last year, the company anno...

All-round India defeat Australia by 36 runs

India defeated Australia in the second ODI by 36 runs at Saurashtra Cricket Association Stadium here on Friday. India now levelled the three-match series 1-1 after losing the first game by 10 wickets in Mumbai.Chasing 341, Indian bowlers di...

Bhim Army Chief Chandrashekhar Azad moves Delhi court seeking modification of bail conditions

Bhim Army Chief Chandrashekhar Azad, who has been accused of inciting people during an anti-CAA protest at Jama Masjid here on December 20, Friday moved court seeking modification of the conditions imposed on him by a Delhi court while gran...

Give Feedback