Markets have one less worry for the time being after the US and China backed away from a trade war.
US Treasury Secretary Steven Mnuchin said on Sunday that the two countries "have made very meaningful progress" and "have agreed to put the tariffs on hold".
China's Vice Premier Liu He confirmed that "the two sides reached a consensus, will not fight a trade war, and will stop increasing tariffs on each other".
Early market reaction was positive. Asian stock markets rose on Monday, as did European stock markets in early trading.
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