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European Stocks Open Mixed as US-China Trade Truce Nears
Tuesday, 14 January 2020 15:21 WIB | MARKET UPDATE |Stoxx Europe 600Saham EropaEropa

European stocks opened mixed on Tuesday as Chinese negotiators arrived in Washington ahead of the signing of a long-awaited preliminary trade deal with the U.S.

The pan-European Stoxx 600 edged 0.1% below the flatline at the start of trading, with chemicals stocks falling 0.7% to lead losses while construction and materials eked out 0.2% gains.

The U.S. Treasury Department on Monday dropped its designation of China as a currency manipulator, an apparent gesture of good will as a Chinese delegation led by Vice Premier Liu He arrived ahead of the signing of the partial trade accord. The deal comes after more than 18 months of tit-for-tat tariff hikes between the world™s two largest economies.

Source : CNBC

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