European Stock Markets Climbing Higher on Positive News on US-China Trade War

The mood in the markets is turning optimistic over recent positive news regarding the trade war between US and China. This has helped stock

Written by: Arslan Butt • Wednesday, September 11, 2019 • 1 min read

• Last updated: Wednesday, September 11, 2019

The mood in the markets is turning optimistic over recent positive news regarding the trade war between US and China. This has helped stock markets turn bullish, with UK’s FTSE edging higher during early trading. At the time of writing, FTSE is trading at a little above 7333.

Earlier today, China announced an exemption of additional tariffs for 16 different products imported from the US. This has helped relieve some of the pressures of the trade war on financial markets for now.

European stock markets are especially bullish over increased expectations of stimulus packages being announced by the ECB at its meeting on Thursday. In addition, markets are anticipating Germany to also announce new stimulus measures to revive its economy.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

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.