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World Stocks And The U.S.-China Trade War

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World Stocks And The U.S.-China Trade War

2019-05-15 01:47:411 Oct 2018 01:53 AM EST

According to Reuters.com, "World stocks hovered near two-month lows on Tuesday, although slightly more optimistic comments from U.S. and Chinese officials on trade brought some comfort a day after equities suffered their worst selloff so far this year." Rory McPherson, head of investment strategy at Psigma Investment Management in London, “The trade war is driving markets at the moment. Markets were prone to a selloff after a good start to the year on expectations of policy easing from central banks and no escalation of trade tensions, and it’s this latter pillar that has come away.”

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