020 7898 0500The European markets edged a little higher on Friday after suffering from trade war fears throughout the week. Trump’s fresh wave of tariffs on Chinese imports had concerned investors, but they appeared to shrug off those concerns as we got to the end of the week. However, it must be said that this is because there were no further developments. If (when) China respond, we could see some further falls but who knows?
There were no economic data releases from the eurozone on Friday and the euro traded within a very tight range against sterling, although it made some very marginal losses against the dollar.
Today we have the eurozone’s balance of trade figures for May. The trade surplus is expected to widen from €16.7 billion to €20.9 billion.
