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European Shares Stabilize with Italy Outperforming as the Trade Tensions Fade

By ET Bureau - August 29, 2019 1 Mins Read

Trade, European

European shares are fast becoming stable as the trade tensions between the United States and China ease-out. The potential for a coalition arrangement to form a new government in Rome, thrust Italian stocks higher. European equity markets were almost sure to follow their Asian partners into deep losses but surprisingly recovered after U.S. President Donald Trump said Beijing had contacted Washington to suggest returning to the negotiating table. The Italian markets on the road to recovery, with Milan’s FTSE MIB.

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