You are here: Home » Reuters » News
Business Standard

Global Markets: Trade data lifts U.S. dollar; stocks flat on mixed earnings

Reuters  |  NEW YORK 

By Hilary RussNEW YORK (Reuters) - The safe-haven U.S. dollar touched to a two-week high on Friday after data showed a record Chinese trade surplus, while Wall Street stocks were little changed on mixed bank earnings and gains in industrials.Stocks in Europe edged higher. Gold slipped to seven-month lows on the firmer dollar and remarks Thursday from U.S. Treasury Secretary Steven Mnuchin, who said that the United States and China might reopen trade talks, briefly easing concerns about an escalating trade dispute between the two countries."Despite the ominous headlines about a trade war with ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, July 13 2018. 21:25 IST