EU stocks sink as trade dispute deepens.

in #bitcoin6 years ago (edited)

Further sanctions of U.S. on Chinese investment projects and tech export to China sent European stocks into recession overnight.

Infineon, STMicro, ASML and SAP all plummeted down by 2.6 to 3.6% percent.

The EU autos sector went for its seventh day of losses in a row (down by 1.4% this time) after POTUS claimed he was going to raise EU car import tariffs by 20%.

In the bank stocks, the worst performers were Commerzbank, HSBC, Santander and BNP Paribas.

Airbus, ABB and Siemens all dragged STOXX down the most.


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@ehsanwatu good post my friend. are you interested in an economy field?

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Thankx bro @ehsanwatu for sharing amazing posts

informative post loved it

Nice post.. keep it up

Your content is really good and i like it . I have upvoted you in return to your upvote, hope you follow me too..
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World are going towards trade war....not good for economy

Like your article. I have upvoted you in return to your upvote, hope you follow me too
Let's continue to connect and build a relationships together on Steemit and bring value to eachother!

yes bro good thinking.....

Informative content. Are you a trader ?

brother i am forex and crypto both trading ......