GLOBAL MARKETS-Stocks rise, dollar slides, with eyes on U.S.-Sino trade talks

Stocks were near session highs on Thursday after U.S. President Donald Trump said he would meet with China’s top trade negotiator on Friday, while oil rose as OPEC pledged a decision on supply at its December meeting. Markets were expected to remain volatile, with the focus on the China-U.S. trade talks, as wild overnight gyrations indicated traders were ready to chase every headline. The euro hit its highest since Sept. 20 versus the dollar as the greenback turned weaker across the board, partly due to a Bloomberg report about a U.S.-China currency pact to stop the yuan’s devaluation. …read more

Source:: Yahoo Finance

      

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