Will European Stock Markets Climb Higher on Improved Market Sentiment?

The US's decision to put off tariffs on Mexico indefinitely has certainly brought some cheer to the markets after..


After Trump announced a reprieve on higher tariffs for Mexican imports over tackling illegal immigration, European stock markets are trading higher on Monday. The Asian session too saw some bullish moves in the stock markets, with Hong Kong’s Hang Seng climbing 2.03% higher for the day.

FTSE has also climbed higher and is now trading at a little above 7371 at the time of writing. The US’s decision to put off tariffs on Mexico indefinitely has certainly brought some cheer to the markets after the past few days of bleakness.

Up next, the focus will turn to trade talks between US and China – the two sides are set to meet at the upcoming G20 summit later this month. However, neither side has confirmed any scheduled negotiations beyond this event so far.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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