U.S.-EU trade deal still up in air
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Japan and Europe are two of the U.S.’s largest trading partners, and now that the markets have some certainty around trade, it’s back to “risk-on” for investors, according to Jim Reid’s team at Deutsche Bank.
Farouq is a Live Page Journalist, covering Reuters international news stories. He previously worked as a correspondent on the UK Breaking News team, reporting on general news across the United Kingdom.
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.
View PDF After more than three months of formal negotiations and many more months of speculation about the Trump administration’s trade and economic policy toward Japan, Washington and Tokyo have agreed to a trade deal.
The European Union and Japan will work more closely to counter economic coercion and address unfair trade practices, European Commission President Ursula von der Leyen told reporters on Wednesday. Von