Keyword Search: Us-china (loose results)
1 Article
Source: Common Domain

Stocks pressured as U.S.-China trade talks kick off


Need to Know: Weak hands may be signaling a ‘major market decline,’ fund manager warns. The latest round of trade negotiations between the U.S. and China will begin Monday with working-level talks while Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer are due to arrive Thursday for more high-level discussions.

Major U.S. benchmarks struggled for direction Monday as a round of U.S.-China tariff negotiations in Beijing commenced and as the threat of another partial government shutdown loomed.

3 Articles
Source: Common Domain

Asian markets pull back as U.S.-China trade talks resume

Thursday 13:36 GMT

“For Asia markets, the exhaustion of the positive sentiment that powered U.S. markets overnight looks to invite the region to tread water in the session,” Jingyi Pan of IG said in a commentary.

News that Chinese and American officials planned to hold further talks in Beijing has fueled trading in Asia and beyond. A tariffs truce, which was put in place by Chinese leader Xi Jinping and President Donald Trump in December, will expire soon.

1 Article
Source: Common Domain

Oil rises on hopes for progress on U.S.-China trade talks

Friday 12:41 GMT

Optimism centered around resolving the longstanding trade dispute with two of the biggest economies in the world has helped to support buying in oil and stocks, with futures for both the S&P 500 ESH9, +0.38% SPX, +0.30%  and the Dow Jones Industrial Average YMH9, +0.47% DJIA, +0.46%  trading firmly higher for most of the week.

Crude-oil futures were set to rise for a third consecutive day on Thursday as hope for a Sino-U.S. trade pact continued to support assets viewed as risky, including oil and equities.

4 Articles
Source: DW

No more BMWs or Mercs on Fifth Avenue?

Today 08:03 GMT

In April 2018, Trump reportedly told French President Emmanuel Macron that he will continue the trade war until the day comes when no more Mercedes Benz or BMWs drive by on Fifth Avenue.

New York City's Fifth Avenue is known the world over for luxury brands for the rich and the famous, among them the latest high-end vehicles of BMW and Mercedes. But if President Trump has his way, the popular German cars soon won't be driving down the famous avenue anymore.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte