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Business / Finance

European investors concerned about a trade issue and Brexit

Forex Club 20.05.2019 at 08:03

European markets, along with the rest of the largest markets in the world, came under pressure due to tensions in the U.S. and China. As it became known to investors, the American Corporation Google has suspended doing business with the Chinese company Huawei in connection with its entering in the black list.

however, positive for European exchanges is the message that the US President Donald trump ordered to postpone the imposition of duties on cars and parts for six months. Trump instructed the trade mission of the USA to negotiate with the European Union, Japan and other countries and to provide a report on the progress of such negotiations within 180 days. Previously, European investors feared that the United States will take against European goods of similar measures imposed by countries against Chinese imports.

According to financial scouts, one of the Central problems in the European markets remains the acute question of a British exit from the European Union. British political parties acknowledged that the negotiations on the draft Brexit stalled. The house of Commons will once again vote for several times already rejected the deal in early of next month: week commencing 3 June.

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