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Trade friction, oil drive European shares to worst day in six weeks
By Ritu, Capital Sands European stocks were on track for their worst day in six weeks on Wednesday, as a threat of U.S.-China trade negotiations hitting an impasse weighed, while a slump in Germany’s Wirecard and falling oil prices added to the gloom. Germany’s DAX .GDAXI , the most trade-sensitive among Europe’s regional indexes, dropped 0.9% […]
Asian Markets Slip as Trump Threatens Higher Tariffs
By Ritu Capital Sands Asian markets fell in morning trade on Wednesday after U.S. President Donald Trump threatened to raise the tariffs on Chinese goods even higher. China’s Shanghai Composite fell 0.4% by 10:30 PM ET (02:30 GMT), while the SZSE Component was little changed. Overnight, U.S. President Donald Trump he “will just raise the tariffs even higher” if […]
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