Risk-on returns as investors await ECB rate decision

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Stocks higher as US and China provide concessions
ECB to ease policy but may not meet dovish expectations
US inflation to determine the Fed’s interest rate trajectory

 

Stocks monitors were flashing green lights with China’s Renminbi strengthening on Thursday morning after US President Donald Trump announced a delay in tariffs on Chinese goods by two weeks. Trump’s postponement of the 5% extra tariffs came after China exempted some US goods from the 25% tariffs it imposed last year. 

These small concessions, while symbolic, have been welcomed by investors and seen… Read More:

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