Europeanand Asian stocks advanced on the back of positive growth figures in China (see our assessment here) while U.S. stocks closed with a modest decline due to the release of mixed earnings results.
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Global stocks started the week on the up as U.S. and China representatives resume formal trade talks in Beijing.
Investor sentiment deteriorated after a Donald Trump tweet revived the trade tensions between the U.S. and China.
Global stock markets extended the losses as investors digested the turn in trade negotiations between the U.S. and China.
Financial markets are still operating with a pessimistic tone since the U.S. and China stepped back in the trade negotiations this weekend.
In yesterday's session, investor sentiment worsened as the U.S. and China could not reach a last-minute agreement to avoid today's tariff increase from 10% to 25% on $200 billion of Chinese imports.
Investor sentiment has stopped deteriorating as trade negotiations between the U.S. and China keep on going despite the increase in tariffs that took place on Friday.
Investor sentiment improved in yesterday's session after President Trump signaled that the U.S. and China will continue to negotiate a trade deal.
Investor sentiment improved mildly as news coming from the trade tensions between the U.S. and China were slightly conciliatory.
In yesterday's session, investors focused on brexit news, the release of the last Fed meeting minutes and trade tensions between the U.S. and China.
Escalating tensions between the U.S. and China led to higher financial volatility and a shift from risky assets to safe bonds in yesterday's session.
Driven mainly by the trade tensions of the U.S. with China and, more recently, Mexico, stock indices in advanced economies declined, the price of gold rose and the Japanese Yen appreciated, in a canonical example of a risk-off session.
In the last session of the week, stock indices declined across the globe and sovereign yields edged lower amid continuing concerns over trade tensions between the U.S. and China and better-than-expected U.S. retail sales.
Yesterday, investors traded cautiously ahead of the eagerly anticipated U.S.-China meeting on Saturday and amid mixed messages from the U.S. Administration regarding trade negotiations.
The resumption in trade negotiations between China and US boosted stock indices across the globe at the beginning of yesterday's session.
Stock markets decreased across the globe as investors perceived that trade talks between the US and China made very little progress.
Escalating trade tensions between the US and China worsened investor sentiment and motivated safe-haven flows in the last session of the week.
Risk aversion took over the session amid disappointing economic indicators and as media reports suggested that the U.S. and China are struggling to resume negotiations.
Global markets cheered on news that the U.S. and China would resume formal trade talks.
Financial markets started the week with a positive tone as investors perceived that trade tensions between China and the U.S. moderated.