European Stocks Cautiously Higher Amid Hopes US Will Delay EU Auto Tariffs
Tuesday, 12 November 2019 15:40 WIB |
MARKET UPDATE |Saham EropaStoxx 600
European stocks traded cautiously higher on Tuesday morning after reports suggested U.S. President Donald Trump is expected to delay a decision on whether to impose tariffs on EU autos by six months.
The pan-European Stoxx 600 rose by around 0.1% at 405.82 in early trade, with basic resources climbing 0.6% to lead gains while retail stocks slipped 0.4% lower.
Market sentiment has been lifted slightly after reports that President Trump would announce a delay to EU auto tariffs this week, potentially averting another damaging dispute with a major U.S. trading partner.
Source : CNBC
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