Markets cheer US-China trade deal | Money Talks
Money Talks
English - December 16, 2019 19:21 - 7 minutesBusiness News Business News business money finance banking currency stocks politics economy economics analysis Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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US and Chinese stock markets started the week strong, after the two countries agreed to a trade deal on Friday. The Dow hit a new record high on the news, as did Europe's Stoxx 600. US President Donald Trump says the agreement will boost exports to China, but with few details made public so far, many businesses aren't celebrating just yet. Mobin Nasir reports. For more on this Phar Kim Beng joined us from London. He's is an economist and the chairman of Echo Strategic Insight.
#TradeDeal #Markets #Tariffs