sector: Disappointing corporate earnings in the European banking sector added to the cautious start to the week's trading, according to Nine News Australia. Chinese state media launched an unusually personal attack against US President Donald Trump's trade policies on Monday, saying Trump's trade extortion would not work. To improve your experience update it here News World Shares struggle on trade fears7 25pm Aug 6, shares have struggled as fears of the escalating US-China trade conflict outweighed the boost to sentiment from Chinese authorities' intervention last week to shore up its currency. It also sought to reassure investors about Chinese economic strength as the months-long dispute rattles financial markets and raises deepening worries about the impact on the real economy. European shares were also mixed. After an initial rise, Asian shares earlier succumbed to selling pressure, with Chinese shares sliding into negative territory.
(news.financializer.com). As
reported in the news.
Tagged under sector, policies topics.