European stock markets surge as Trump hints at trade breakthrough

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LONDON: European stock markets rose on Thursday (Oct 10), jolted into action by a Donald Trump tweet offering a glimmer of hope for quick success ...

LONDON: European stock markets rose on Thursday , jolted into action by a Donald Trump tweet offering a glimmer of hope for quick success in US-China trade talks, traders said.

This"hinted at a possible market-friendly outcome to the latest round of meetings between the world's two largest economies", he said. Investors had been broadly upbeat in recent weeks that the meeting in Washington would see at least some progress. Meanwhile, in foreign exchange markets, the pound spiked after British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they could see a route towards striking a possible Brexit divorce deal, following a crunch meeting on Thursday.

 

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