Trade War Truce Sends Markets Soaring

Posted by MoneyTalks Editor

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Trade war truce. The U.S. and China declared a truce in the trade war, sending global markets shooting up. Commodity prices rose, as one of the key near-term downside risks to demand has been delayed, if not entirely removed. Meanwhile, last week the U.S. Federal Reserve signaled a softer stance on interest rate increases. Taken together, global financial markets have received a dramatic boost…. CLICK for complete article