Asian stocks were
mixed on Tuesday and the dollar gave up the gains it had made when the
U.S. Treasury Secretary spoke in support of a stronger currency as
escalating tensions around North Korea dragged sentiment lower.
Financial spreadbetters predict a mixed start for European stocks, with Britain's FTSE 100 .FTSE set to open 0.2 percent lower, and Germany's DAX .GDAXI and France's CAC 40 .FCHI to start the day up 0.2 percent and 0.3 percent respectively.
U.S. Vice President Mike Pence told business leaders in Seoul that the U.S. will review and reform the five-year-old free trade agreement between the two countries, in part because South Korea imposes too many barriers on U.S. business.
The United States and South Korea pledged at the close of Pence's visit to forge a stronger alliance. They agreed to cooperate with China to rein in North Korea, which has vowed to conduct more tests following Sunday's failed missile launch.
Pence warned North Korea on Monday that recent American military strikes in Syria and Afghanistan showed President Donald Trump's resolve should not be questioned.
Pence and South Korea's acting president, Hwang Kyo-ahn, said they would proceed with the early deployment to South Korea of the U.S. THAAD missile-defense system, in spite of China's objections.
Despite the tensions, Wall Street posted its first session of gains in four as investors turned their attention to first-quarter corporate earnings. All three major indexes .DJI .SPX .IXIC advanced about 0.9 percent overnight.
U.S. Vice President Mike Pence told business leaders in Seoul that the U.S. will review and reform the five-year-old free trade agreement between the two countries, in part because South Korea imposes too many barriers on U.S. business.
The United States and South Korea pledged at the close of Pence's visit to forge a stronger alliance. They agreed to cooperate with China to rein in North Korea, which has vowed to conduct more tests following Sunday's failed missile launch.
Pence warned North Korea on Monday that recent American military strikes in Syria and Afghanistan showed President Donald Trump's resolve should not be questioned.
Pence and South Korea's acting president, Hwang Kyo-ahn, said they would proceed with the early deployment to South Korea of the U.S. THAAD missile-defense system, in spite of China's objections.
Despite the tensions, Wall Street posted its first session of gains in four as investors turned their attention to first-quarter corporate earnings. All three major indexes .DJI .SPX .IXIC advanced about 0.9 percent overnight.
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