Global stock markets have reached a new record since the past February, as indications of the power of the US economy have overcome the uncertainty surrounding commercial negotiations. The global MSCI index for all countries in the world rose 0.2% to 887.73 points, exceeding the previous record of 887.72 points, recorded last February. On the other hand, the Standard & Poor’s 500 and Stoxx 600 index still trade more than 2% without their highlight recorded earlier this year. Customs duties have come this increase after the shares recovered from their lowest levels in April last year, after US President Donald Trump accepted a more flexible accent on customs duties. The hope has also contributed to reaching a commercial ceasefire between the United States and China to improve investor confidence, supported by modern economic data that shows the continued power of the US job market. Also read: The jobs available in America are increasing amid the restoration of employment on his part, says Ulrich Urban, head of multiple assets and research strategy at Berenberg. He added that the investors became less afraid of Trump, because of his behavior known as Taco (Trump always chickens), which means Trump always withdraws at the last minute. Trump is admired by Jinping, but he described it as “very difficult to negotiate”, referring to the continued tension between the two largest economies in the world. A true commercial collapse.
Global stocks draw a record support for optimism with the power of the economy
