LONDON European shares hit an all-time high on Monday as a "totally done" initial trade deal between the United States and China kept the momentum rolling after a rally last week spurred by Britain's Conservative election win.
LONDON Britain's election on Thursday is widely referred to as the most important in a generation given the impact it will have on the country leaving the European Union and choosing between starkly opposed economic paths.
LONDON, Dec 11 Britain's election on Thursday is
widely referred to as the most important in a generation given
the impact it will have on the country leaving the European
Union and choosing between starkly opposed economic paths.
European shares bounced back from a four-day slump on Wednesday, lifted by a report that Beijing and Washington are moving closer to a trade deal.
European shares bounced back on Tuesday from their sharpest decline in two months in the previous session, boosted by technology stocks, but gains were capped as investors grappled with prospects of fresh global trade disputes.
European shares logged their best day in three weeks on Friday, as upbeat data out of major eurozone economies, as well as positive rhetoric on a U.S.-China trade deal, ended a dour week on a positive note.
Nov 18 A bidding war for Spanish bourse BME and
gains in defensive stocks propped up European markets on Monday,
although doubts on whether or not the United States will impose
tariffs on EU carmakers weighed on shares.
European shares climbed back to a four-year high on Tuesday as positive German investor sentiment data and a slew of upbeat earnings lifted the mood, but Spanish stocks lagged after socialist and far-left parties joined forces to form a coalition.
Demand for defensive stocks helped European shares recover from early losses on Monday as investors grappled with issues ranging from violent Hong Kong protests to an inconclusive Spanish election and weak data from China.