U.S. and China put trade war ‘on hold’

Steven Mnuchin, US Treasury secretary, says negotiations over tariffs with China have borne fruit. America has pulled back from launching a trade war with China that could have destabilised the global economy, by agreeing to put proposed tariffs on Chinese imports “on hold”. The Treasury secreta...
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Market movers today.

In euro area, euro area retail sales figures for July are due out. Retail sales have shown monthly growth in every month in H1 17, with the exception of April. As consumer confidence remains high, we still expect to see positive growth in retail sales of 0.3% m/m in July. Also, PMI services for Ital...
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