UK large-caps gauge trading mix, amid faded optimism over US-China phase-1 trade deal

  • After announcement by Steven Mnuchin, the US Treasury Secretary, that tariffs on Chinese goods will remain intact in place until after the 2020 US Presidential election. Which raised concerns over effectiveness of US-China phase-1 trade deal due to be signed today. This has sent the UK’s broader index the FTSE 100 marginally lower at 7,623.24 (at the time of writing at 03:20 PM GMT).