European stock exchanges increase with the support of the automotive sector in the hope of suspending US fees



[ad_1]

European equities rallied yesterday, boosted by gains for the auto sector in the hope of alleviating the tone of US threats, although the US economy has been weakening. agreement be careful before the date set by the United States. The United States paved the way on Wall Street, amid signs that Washington could reduce its stance on European car loading costs
The Stoxx 600 Europe Index closed the session up 0 , 4%. The gains of automakers have led the German DAX index, laden with exporting companies, to increase by 1.2%.
European stocks narrowed this week in anticipation of a $ 34 billion import duty on today's imports. Doubts surrounding the trade dispute some progress in the meeting yesterday. The automotive sector index rose 3.4% while the core resource index rose 1.4%.
The shares of German automakers BMW, Daimler, Porsche and Volkswagen were among the largest in the Stokes index The European Union follows a report on an American offer to suspend threats impose tariffs on imported vehicles.
The automotive sector will face difficulties in 2018 and its index is still 7.8% lower than it was at the beginning of the year.
On the other hand, the Japanese stock market index Nikkei closed at its lowest level in three months yesterday when Guet market tensions gave rise to investor fears, while banks and investors equity companies that benefit from tourism entering the country has declined.
haunt concerned investors before imposing US tariffs on imports from China worth $ 34 billion today. China said it would respond by charging for US products. The Nikkei's average fell 0.8% to close at 2,154.46 points, its lowest level since April 4th.

[ad_2]
Source link