Morning Bid: Trade deal hope spurs risk rally

A look at the day ahead in European and global markets from Ankur Banerjee The mere prospect of a U.S.-China trade deal which looks more like a truce extension was enough to send stocks to record highs, weigh on gold prices and push up commodities including copper ahead of an action-packed week. First things first: There is no agreed deal yet; perhaps just a concept of a deal, and that is what has sparked a risk-on rally on Monday which is set to continue in Europe. U.S. and Chinese officials on Sunday ...