European stocks rally on US-China trade truce | Fin24
 
  • New CEO

    After months of speculation and delays, Andre de Ruyter has been named Eskom's new head.

  • Flag Carrier

    The escalating strike at SAA is set to test President Cyril Ramaphosa’s will.

  • The Namibian Link

    Evidence is mounting that VBS Mutual Bank aided another elaborate bank heist.

Loading...

European stocks rally on US-China trade truce

Dec 03 2018 11:39

London - Europe's major stock markets surged at the start of trading on Monday after China and the United States clinched a trade war truce.

In initial deals, London's FTSE 100 index jumped 1.5% to 7 087.36 points.

In the eurozone, Frankfurt's DAX 30 soared almost 2.5% to 11 534.75 points and the Paris CAC 40 rose 2.2% to 5 112.58.

US President Donald Trump and his Chinese counterpart Xi Jinping agreed in a meeting at the G20 on Saturday to suspend any new tariffs in the trade war between the world's two largest economies pending talks to resolve their differences.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

equities  |  markets  |  currencies
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...