India, Dec. 11 -- European stocks are likely to open on a positive note Wednesday after reports suggested that Washington is laying the groundwork for a delay in the latest tariffs on China, due to take effect on Sunday.
However, White House economic adviser Larry Kudlow said the "tariffs are still on the table". Analysts say that a trade deal might have to wait until after the U.S. presidential election in November 2020.
Meanwhile, growth concerns resurfaced after the Asian Development Bank (ADB) lowered its growth forecasts for developing Asia this year and the next, saying persistent trade tensions have taken a toll on the region.
Asian markets remain mostly higher as investors looked ahead to the U.S. Federal Reserve's interest-rate ...