Market sentiment fragile as U.S.-China talks and Brexit deals fade hopes
09.10.2019 - Korneychuk Evgeniya
Market sentiment fragile as U.S.-China talks and Brexit deals fade hopes

Market sentiment fragile as U.S.-China talks and Brexit deals fade hopes

European stocks steadied on Wednesday but market sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead. The sentiment carried on in addition of the U.S.-China trade dispute.

Markets mostly blame their sentiment on concerns that the U.S.-China conflict over trade and foreign policy is nowhere near a resolution and is increasingly damaging the global economy.

Washington and Beijing have been engaged in year-long dispute which has now expanded beyond trade policy. Hopes that the two sides could reach a truce this week faded after U.S. President Donald Trump introduced visa restrictions on Chinese officials and blacklisted several Chinese companies.

A U.S. official said that high-level talks with China would take place on Thursday and Friday. However, Trump stated that tariffs on Chinese imports will rise on October 15 if no progress was made in the negotiations.

Risk disclaimer "Market Solutions Ltd – Suite 305 Griffith Corporate Centre P.O. Box 1510 Beachmont, Kingstown, St Vincent and the Grenadines is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0128 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of Market solutions Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from Umarkets.com or Market Solutions limited." Cookies notification: “We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Continue