Trump signals ease in trade tensions with China\, global markets to gain

Trump signals ease in trade tensions with China, global markets to gain

IANS  |  Mumbai 

Indian markets may gain on Wednesday as US Donald signalled easing of US-trade tensions.

"We will be having an extended meeting next week at the in Our respective teams will begin talks prior to our meeting," said.

Within minutes of his tweet, positive reaction was seen in the US financial markets.

Analysts believe that this could act as a relief for the global investors who have been under pressure owing to the ongoing trade tensions.

Indian markets on Tuesday closed with minor gains and have been losing for the past four consecutive sessions.

US-trade tensions have roiled financial markets since they began and also caused a slowing of global growth as noted by the (IMF).

The tensions have also subdued and kept prices low. With developments in the Gulf region, the easing of trade tension among two of the worlds' largest economies may also see a spike in

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 18 2019. 19:50 IST