LONDON: European stock markets rallied on Monday (Aug 19) after US President Donald Trump's top economic advisor hailed 'positive' trade talks ...
LONDON: European stock markets rallied on Monday after US President Donald Trump's top economic advisor hailed"positive" trade talks with Chinese negotiators.
There remains a high level of concern however about the global outlook and particularly the US economy after the yield on 10-year US Treasury bonds last week slid below that of the two-year note, while the 30-year yield fell below two percent for the first time ever. "The economy could contract again slightly," Germany's central bank said in its monthly report, following a 0.1 per cent decline in gross domestic product in the second quarter.
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