NewsFeeder
02-13-2019, 09:40 PM
Asia offers muted cheer as China trade beats forecasts
Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks, though China trade data handily beat expectations in a welcome relief for the global economy. As a result China's trade surplus also topped forecasts while imports from the U.S. plunged 41 percent, which might not please the White House. With Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer in China for high level talks, investors had been daring to hope for good news.
https://finance.yahoo.com/news/asia-stocks-wait-sino-u-002001542.html?.tsrc=rss
Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks, though China trade data handily beat expectations in a welcome relief for the global economy. As a result China's trade surplus also topped forecasts while imports from the U.S. plunged 41 percent, which might not please the White House. With Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer in China for high level talks, investors had been daring to hope for good news.
https://finance.yahoo.com/news/asia-stocks-wait-sino-u-002001542.html?.tsrc=rss