LGT Navigator: Stock indices in consolidation mode

In the middle of the week, the stock markets were not able to build on their recent strength in the face of some mixed company figures and recorded losses. In the trade conflict between the US and China, a high-ranking US delegation led by Treasury Secretary Steven Mnuchin is expected to travel to China next week. By the end of March, the parties have time to agree on a deal; otherwise, a further expansion of punitive tariffs is looming.