UPDATE 1-European shares set to snap four-day losing streak on U.S.-China trade optimism [Reuters]
CHR HANSEN HLDG A/S S/ADR (CHYHY)
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Source: Reuters
UPDATE 1-European shares set to snap four-day losing streak on U.S.-China trade optimism (For a live blog on European stocks, type LIVE/ in an Eikon news window) * US, China agree tentative trade truce before G20 - SCMP * Trade-sensitive DAX outperforms most bourses * Bayer soars after Elliot takes stake (Adds comment, updates prices) By Amy Caren Daniel and Medha Singh June 27 (Reuters) - The anticipation of a trade truce between the United States and China put European stock markets on pace to break a four-day losing streak on Thursday, with Frankfurt’s DAX outperforming as shares of Germany’s chemicals giant Bayer rallied. The South China Morning Post, citing sources, said Washington and Beijing were laying out an agreement that would help avert the next round of tariffs on an additional $300 billion of Chinese imports. The news eased investor nerves heading into the highly anticipated G20 summit, where the two sides will try to resolve a drawn out dispute that has roiled markets f
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