You are here: Home » Reuters » News
Business Standard

Global markets greet sign of trade truce extension with glee

Reuters  |  LONDON 

By Helen ReidLONDON (Reuters) - Investors hungry for progress on a U.S.-China trade war seized on U.S. President Donald Trump's comment that he could let a March 1 deadline for a trade agreement with China "slide", taking this as a cue to buy stocks and sell bonds on Wednesday. As U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer prepared for talks in Beijing on Thursday and Friday to hammer out a trade deal, markets cheered the signal that there could be an extension to a tariff truce.European shares followed Asia's lead to rise across the board with the ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, February 13 2019. 15:13 IST