In Case Of Global Markets, Asian Stocks Edged Higher On Thursday - Dollar Advisory & Financial Services

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Thursday 26 July 2018

In Case Of Global Markets, Asian Stocks Edged Higher On Thursday

In case of global markets, Asian stocks edged higher on Thursday, taking comfort from gains on Wall Street after US President Donald Trump and European Commission President Jean-Claude Juncker agreed to work toward eliminating trade barriers on industrial goods, Reuters reported.

In a news conference following a meeting between the two leaders on Wednesday, Trump said he and Juncker had agreed to work to lower industrial tariffs on both sides and to increase European imports of liquefied natural gas and soybeans from the United States, among other measures.

The meeting helped to extend a rally in global stocks into its fourth day, as investors took heart from a rare piece of good news amid global concerns over trade.

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