Sentences with phrase «of a trade war eased»
NEW YORK, March 5 - Treasuries yields rose on Monday afternoon as the U.S. stock market recovered and fears of a trade war eased after senior Republicans urged President Donald Trump to reconsider his threat to impose tariffs on imported steel and aluminum.
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The U.S. dollar slipped to a five - week low as optimism the US and China are set to begin negotiations on trade helped ease fears of a trade war.
Stock markets have since risen as Chinese President Xi Jinping has eased investor fears of a trade war by promising to cut import restrictions.
A report Monday said that Beijing and Washington had begun to quietly negotiate U.S. access to Chinese markets, putting concerns of a full - blown trade war at ease.
Zhang Zhexin, a research fellow at the Shanghai Institutes for International Studies, was more upbeat, saying that now that Trump had got at least some of the answers he wanted from Xi, trade war tensions should ease.
The fears that President Donald Trump's threats of tariffs would plunge the globe into a devastating trade war is easing quite a bit.
The rally is also helped by the strong opposition against Trump's tariff plans, which eased fears of an outright trade war between the US and its largest partners.
As trade war fears eased somewhat, the main stock indices are still trading above their recent lows, but should trading heat up again, the distance from the lows could be erased in a couple of sessions, so bulls are not out of the woods yet, despite the still oversold conditions after the deep correction.
Even though investors seemed to lose momentum toward the end of the session on Monday, positive comments from Chinese officials succeeded in easing fears about a potential trade war, and that helped refocus most market participants on the impending start to earnings season.
Markets started out on a positive note on the first day of the fund - flows week as the trade war fears between the U.S. and China eased.
The Dow witnessed another triple - digit upside day (+428.90) on Tuesday after President Xi announced that Beijing plans to give foreign companies greater access to the financial and manufacturing sectors, easing some of the trade war rhetoric.