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GLOBAL MARKETS-Stocks edge higher but post monthly loss; yuan weakens as tariffs loom
Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise on Friday despite a tepid performance on Wall Street, though caution over pending American tariffs on Chinese goods put the yuan on track for its biggest monthly decline in 25 years. Statements from U.S. President Donald Trump and China's commerce ministry on Thursday that the countries were scheduling trade talks brought some respite to equities, which have been roiled by the escalating trade war. Emerging markets shares also jumped 1.5%, posting their biggest daily percentage gain since June.
https://finance.yahoo.com/news/global-markets-stocks-edge-higher-204004096.html?.tsrc=rss
Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise on Friday despite a tepid performance on Wall Street, though caution over pending American tariffs on Chinese goods put the yuan on track for its biggest monthly decline in 25 years. Statements from U.S. President Donald Trump and China's commerce ministry on Thursday that the countries were scheduling trade talks brought some respite to equities, which have been roiled by the escalating trade war. Emerging markets shares also jumped 1.5%, posting their biggest daily percentage gain since June.
https://finance.yahoo.com/news/global-markets-stocks-edge-higher-204004096.html?.tsrc=rss
