Trade fears recede as US profits jump

Investors have become a bit more upbeat on the trade outlook, and are looking forward to a “monster” US earnings season.

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Xi and Trump: ready for a deal?
(Image credit: 2017 Getty Images)

Only last year it felt as though "volatility was AWOL and stocks moved steadily higher on a path that could be traced by a ruler", as Randall Forsyth puts it in Barron's. These days America's Dow Jones index swings by hundreds of points on a daily, or even hourly, basis. Global markets had a positive start to the week as there was no immediate reprisal to the strike on Syria, while receding fears over trade have also buoyed sentiment.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.