Equity indices recover for the second day this Wednesday despite weak macroeconomic data. Moods were greatly improved after the news that Donald Trump will delay a decision on car tariffs for 6 months. This has especially positive impact on European markets where DE30 surges by more than 1% and EU50 adds 0.8%. In the US, USFANG gains 1.3%. The news is positive but it also may mean that president Trump expects a lengthy conflict with China.
Summary: GBP choppy as UK PM May sets 7th June leave date US stocks look to recover into the weekend More soft data from the US DE30:...
2:17 PMSummary: US benchmarks trading higher ahead of the open Trump trade comments support the recovery Durable goods orders disappoint After...
10:23 AMSummary: UK PM May announces resignation Mixed reaction seen in the pound Oil on track for large weekly loss Theresa...
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