Global stocks are rallying sharply Monday with investors bracing for significant volatility ahead of key trade war talks.
It looks set to be a busy week in markets, with fresh trade talks between Washington and Beijing, the possibility of a fresh government shutdown in the US, and likely confirmation that Germany is in recession.
Despite that, traders are optimistic at the start of the week, with Chinese equity indexes rallying as much as 3% on their return from a break for the Lunar New Year.
You can follow the latest market movements at Markets Insider.
Global stocks are rallying sharply Monday ahead of a busy week for markets in which investors are bracing for significant volatility.
With trade talks between Washington and Beijing kicking off Monday, as well as China’s markets reopening after a week off, it is set to be a busy week for stocks.
“We could expect to see more volatility this week as China returns from its week-long celebration of the Lunar New Year on top of plenty of data to watch, including growth figures from Germany,” Jasper Lawler, head of research at London Capital Group said in an email Monday morning, adding that the threat of a fresh US …read more
Source:: Businessinsider – Finance