Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

European shares edge higher after U.S.-China trade deal

Published 16/01/2020, 09:15
© Reuters.  European shares edge higher after U.S.-China trade deal
SXRP
-
STOXX
-
HFGG
-

(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

Jan 16 (Reuters) - European shares gained ground on Thursday

after the United States and China signed an eagerly awaited

Phase 1 trade deal, but some questions still remained over

certain key issues.

The pan-European STOXX 600 index .STOXX was up 0.1% by

0806 GMT.

Global markets paused around record highs following the

signing of the agreement on Wednesday, as the deal highlighted

daunting purchase commitments of U.S. goods by China, while

leaving existing tariffs in place. MKTS/GLOB

However, the prospect of no further escalation in the

economically damaging trade war encouraged a slight risk-on

mode.

The European retail subindex .SXRP was the best performer,

led by a 11.1% rise in German meal-kit delivery company

HelloFresh HFGG.DE after it flagged a stronger 2019.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.