Shares, dollar rebound on thaw in U.S.-China trade war

Reuters | Aug 13, 2019 at 8:31 PM

U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some Chinese products, easing concerns that a protracted trade war would harm global growth.

Trump backs off China tariff plan with delays for cellphones, laptops

Reuters | Aug 13, 2019 at 7:22 PM

President Donald Trump on Tuesday backed off his plan to impose 10% tariffs on remaining Chinese imports on Sept. 1, delaying duties on cellphones, laptops and many other consumer goods in the hopes of blunting their impact on U.S. holiday sales.

Concern over Macri future hits Argentina markets again, peso down 4%

Reuters | Aug 13, 2019 at 6:26 PM

Argentina’s peso closed weaker again on Tuesday following a second day of market turmoil triggered by opposition candidate Alberto Fernandez’s landslide victory in a primary election that dealt a severe blow to President Mauricio Macri’s re-election chances.

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Wall Street rebounds as tariff delay prompts rally

Reuters | Aug 13, 2019 at 6:18 PM

Wall Street rose on Tuesday after the Trump administration announced a delay on select Chinese import tariffs, bringing buyers back to the equities market in a broad-based rally.

Shares, dollar rebound on new U.S.-China trade call

Reuters | Aug 13, 2019 at 5:56 PM

U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some Chinese products, easing concerns that a protracted trade war would harm global growth.

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  • Shares, dollar rebound on new U.S.-China trade call (Reuters: Aug 13, 2019 at 3:18 PM)

British stocks up 0.33 pct Tuesday

Xinhua News Agency | Aug 13, 2019 at 5:07 PM

British stocks rose Tuesday, with the benchmark FTSE 100 Index up by 0.33 percent, or 24.18 points, to close at 7,250.90 points.