Bloomberg
Published Dec 04, 2019 04:10AM ET
Updated Dec 04, 2019 04:46AM ET
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Stocks extended gains in Europe while U.S. equity futures turned higher after a news report that China and America were moving closer to a trade deal.
The Stoxx Europe 600 index jumped and contracts on the three main American index futures rebounded after the Bloomberg News report. Treasuries erased earlier gains.
The moves lessened a risk-off tone that had engulfed global markets on Tuesday and early Wednesday in Asia on heightened uncertainty over whether the Trump administration was going to impose new tariffs on Chinese imports on Dec. 15. Sentiment had also been hampered by a vote in the U.S. House to sanction Chinese officials for human rights abuses, which Beijing threatened to retaliate against.
Here are some key events coming up this week:
Stocks
Currencies
Bonds
Commodities
Written By: Bloomberg
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