Global equity markets closed mixed on Wednesday following conflicting signals over the US stance on China. Overnight, the Reserve Bank of New Zealand kept interest rates unchanged, but the accompanying statement had a slightly more dovish tone. As for today, the EU leaders’ two-day summit begins. Following the clash over migration within the German government, the topic is likely to take center stage at this summit.
Global Markets Mixed Over Conflicting Signals Over the US-China Saga
At around midday in Europe, European equity markets and futures of US indices rallied after US President Trump said that he will enhance the authority of the Committee on Foreign Investment in the United States (CFIUS)...
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