World shares on Friday basked in optimism for a detente in the U.S.-China trade ...
LONDON - World shares on Friday basked in optimism for a detente in the U.S.-China trade war and hopes that Britain was moving closer to a smooth exit from the European Union.
The improvement in appetite for riskier bets came after U.S. President Donald Trump on Thursday called the first day of trade talks with China in over two months “very, very good.” “It’s possible they will be able to do a smaller deal around tariffs, where there is some room for movement.” Varadkar called the talks “constructive,” while the two leaders said in a joint statement that they could “see a pathway to a possible deal”.held onto its gains after soaring 2% a day earlier, its largest daily percentage gain in seven months, to trade little changed at $1.2437.
Yet Drayson said that any deal struck between Dublin and London would then face the hurdle of the British parliament, even after securing agreement from the European Union.
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