Stocks Mixed as Investors Mull Trade; Gold Rises: Markets Wrap

After this weekend’s summit in Japan, and a mutual agreement between the United States and China to resume trade talks, U.S. equity futures slipped, the dollar weekend, and European stocks and gold rose.

U.K. shares climbed to the highest in nine months, and the euro strengthened when the European Central Bank declared that no need existed to cut rates this month.

Furthermore, Asia saw benefits when Hong Kong shares rallied and its currency strengthened following the summit’s events.

Gold rebounded on Tuesday after slipping on Monday, and Chinese stocks maintained value.

In Wall Street, S&P 500 saw record highs following agreements with China, and future tensions loomed as President Trump threatened to lay on additional tariffs to European products.

Moreover, the Australian dollar strengthened as its Central Bank cut rates.

Upcoming events, such as the United States Independence Day, and U.K. Prime Minister campaigns may have looming effects on global markets.


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