Global risk sentiment remains somewhat supported by easing trade tensions between Washington and Brussels with stock markets poised to conclude the trading week on a firm footing. Asian stocks have already closed on a mixed note this morning, with European markets stabilizing ahead of the anticipated U.S. GDP report this afternoon.
Although the gut-wrenching selloff in Facebook shares weighed on Wall Street yesterday, US stocks could recover if US GDP data paints a positive picture of the U.S. economy.
From:: Resource Investor