Global Markets A “Sea Of Green” After Trump Temporarily Eases Huawei Restrictions

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NEW YORK, May 21 (Reuters) – The dollar rose and global equity markets advanced on Tuesday, led by chipmakers and companies exposed to Asia, after the United States temporarily eased trade.

It’s not exactly clear what prompted today’s dramatic U-turn reversal in overnight markets, but this morning stocks and futures around the globe are a sea of green with chipmakers and Asia-exposed stocks among the best performers, with some pointing the finger at Washington’s decision to temporarily ease trade restrictions imposed last week on.

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Futures bounce as U.S. eases restrictions on Huawei 05/21/2019 J.C. Penney same-store sales fall more than expected, shares drop 05/21/2019 Global Markets A "Sea Of Green" After Trump Temporarily Eases Huawei Restrictions 05/21/2019

Global Markets A "Sea Of Green" After Trump Temporarily Eases Huawei Restrictions.

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"Global equity markets were a sea of green on Friday as investors diverted their attention from geopolitical risks and global growth fears to focus on robust US corporate earnings," said Lukman Otunuga, a research analyst at FXTM. But he also warned that "this market could be living on.

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– ‘Sea of green’ – "Global equity markets were a sea of green on Friday as investors diverted their attention from geopolitical risks and global growth fears to focus on robust US corporate earnings," said Lukman Otunuga, a research analyst at FXTM.

It’s not exactly clear what prompted today’s dramatic U-turn reversal in overnight markets, but this morning stocks and futures around the globe are a sea of green with chipmakers and Asia-exposed stocks among the best performers, with some pointing the finger at Washington’s decision to temporarily ease trade restrictions imposed last week on China’s Huawei even though the move was largely.

It’s a sea of green for Asian equities and currencies on Wednesday after US President Donald Trump said With investors reenergized by Trump’s comments, markets will hope that a US-China deal is still A significant resolution to the US-China standoff could potentially help global economic growth.