Global equities burst higher on trade deal

Image
AFP London
Last Updated : Jan 17 2020 | 6:50 PM IST

Global equities rose Friday as investors, still buoyed by a landmark China-US trade deal, turned their focus to the earnings season and the global outlook, while also cheered by Chinese economic data.

In early afternoon European trade, London rose 1.0 per cent, Frankfurt jumped 0.7 per cent and Paris added 0.9 per cent, aided by news that China's economy appears to be stabilising.

"Stock markets in Europe are higher this morning as the bullish move in Asia overnight has influenced traders in this part of the world," said CMC Markets analyst David Madden.

"China released some broadly positive economic reports, which has boosted sentiment around the globe."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 17 2020 | 6:50 PM IST

Next Story