European Stocks Close Lower After Trump Threatens to Hike Tariffs on China
Wednesday, 20 November 2019 23:42 WIB |
MARKET UPDATE |Saham EropaStoxx 600
European stocks closed lower on Wednesday after U.S. President Donald Trump threatened to hike tariffs on Chinese goods if Beijing does not agree to a trade deal.
The pan-European Stoxx 600 slightly pared early losses to trade down 0.5% at 403.88 by the afternoon. Travel and leisure stocks led losses, trading 1.4% lower, while the China-exposed basic resources sector was around 0.9% lower.
During a meeting with his cabinet on Tuesday, the president said that if China did not make a deal, he would œjust raise tariffs even higher.
The comments came after reports that Beijing is pessimistic about the prospect of an imminent œphase one trade deal due to Trump™s refusal to roll back existing tariffs.
Source : CNBC
Monday, 17 February 2020 16:12 WIB
Hong Kong stocks rose to the highest level in almost four weeks on Monday as Beijing stepped up policy stimulus to cushion the economic impact from the coronavirus outbreak.
The Hang Seng index closed up 0.5% at 27,959.60, after touching its highest level since Jan. 22. The Hang Seng China Enterpri...
Monday, 17 February 2020 15:44 WIB
China stocks ended higher on Monday, reversing all of their early plunge triggered by the coronavirus outbreak, as policymakers ramped up support for the economy and companies that have been hit by a slump in sales and activity.
At the close, the Shanghai Composite index was up 2.3% at 2,983.62, ma...
Monday, 17 February 2020 15:22 WIB
European stocks advanced Monday morning, remaining just below record highs, after China™s central bank cut interest rates in a bid to aid its economy amid the coronavirus outbreak.
The pan-European Stoxx 600 added 0.3% at the opening bell at 431.70, autos climbing 1.5% to lead gains as all sector...
Monday, 17 February 2020 13:26 WIB
Tokyo stocks closed lower Monday on worries over the spread of the new coronavirus in the country and the economy's worst quarterly contraction in more than five years.
The benchmark Nikkei 225 index slipped 0.69 percent, or 164.35 points, to end at 23,523.24, while the broader Topix index was down...
Monday, 17 February 2020 09:09 WIB
Hong Kong stocks opened lower on Monday as the death toll from China's new coronavirus jumped and concerns deepened over the potential economic fallout from the epidemic.
The Hang Seng Index fell 0.18 percent, or 48.89 points, to 27,766.71 in early trade.
Mainland China's benchmark Shanghai Compos...