Energy Markets
Oil and stocks gain as traders ignore Trump's tariff news
The European stock market rose on Wednesday, as traders appeared unconcerned about the announcement by U.S. president Donald Trump that he will impose a tariff of 50% on imported copper. He also announced he would introduce levies up to 200% on pharmaceuticals. Trump's remarks on Tuesday caused the price of Copper to reach record highs, and Wall Street to close down. The equity markets quickly shrugged the news off. Asian stocks were mixed over night and the MSCI World Equity Index rose 0.1% at 0956 GMT. The London FTSE 100 rose 0.2%, while the pan-European STOXX 600 rose 0.8%. Wall...