Nov 15, 2019 7:00:00 AM | LGT Navigator
LGT Navigator: Nerve-racking tug-of-war in trade dispute
The European and US equity markets traded more or less sideways yesterday, but with a rather negative tone. In Asia, equity prices recovered somewhat for the most part today. The focus of the capital markets is and will remain the ongoing trade conflict between the US and China. Recent evidence suggests that negotiations are still difficult. While the latest economic data from Japan and China have tended to heighten investors' concerns about the economy, the latest growth data from the euro zone has been slightly better than feared.