Friday, 05 June 2020
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European Markets Close Mixed as U.S.-China Tensions Dent Sentiment
Friday, 22 May 2020 23:45 WIB | MARKET UPDATE |Stoxx 600SahamEropa

European stocks closed mixed on Friday as ties between the U.S. and China came under further strain, potentially threatening the œPhase One trade deal signed earlier this year.

The pan-European Stoxx 600 provisionally closed a touch above the flatline Friday, with food and beverages falling 0.6% to lead losses while travel and leisure stocks jumped 0.8%.

Tensions between the world™s two largest economies have flared on multiple fronts in recent days. China is poised to impose a new national security law in Hong Kong following months of anti-government protests, raising further questions about Beijing™s control over the city and likely evoking the ire of the U.S. and other Western powers which supported pro-democracy protesters.

Source : CNBC

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