European stocks are set to dip just below the flatline during Thursday's open, as investors keep abreast of geopolitical news.
European stocks are set to dip just below the flatline during Thursday's open, as investors keep abreast of geopolitical news taking place across the globe.
Markets remain cautious on Thursday, as investors around the world watch closely for any further developments concerning the tit-for-tat trade dispute between China and the U.S. On Wednesday, U.S. Trade Representative Robert Lighthizer stated in front of the House Ways and Means committee that he foresaw long-term hurdles ahead.
The testimony comes just days after President Donald Trump announced that he'd push the deadline of early March back, which would have instigated fresh trade tariffs on China. On the first day of the summit, Trump stated that he was happy that there was no evidence that the Asian country had conducted any tests concerning nuclear or ballistic missiles in over a year.
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