International markets have perked up since Monday’s announcement of a 90-day break in the trade tariff battle between the United States and China. This pause in hostilities between the world’s two biggest economies has seemingly diluted the immediate threats to global growth that have been hanging over financial markets for much too long. And the respite has injected a new dose of confidence into the markets, with the major asset classes—stocks, cryptocurrencies, and commodities—clearly inching back toward their record high values. Even if the overall macroeconomic environment is still somewhat hazy, the truce has done enough to restore the old
The post Markets Rally as U.S.-China Tariff Pause Fuels Optimism appeared first on The Merkle News.
