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Asia markets are set to trade cautiously ahead of crucial Trump-Xi meetingThe ASX 200 traded down 0.35 percent, with the energy sector up 0.34 percent while the heavily-weighted financial subindex fell 0.49 percent.
Source: CNBC - 🏆 12. / 72 Read more »
Trump-Xi Meeting Risks Roiling MarketsTrade has been one of the main concerns for investors this year. The biggest development may be still to come as leaders meet for the G-20 summit in Buenos Aires this week. Roil and boil.. Why is USA 🇺🇸 supporting free taxes from kosovo to serbia ?! Real vs counterfeit
Source: WSJ - 🏆 98. / 63 Read more »
Trump and China’s Xi give positive signs over phone call, buoying marketsThe two plan a face-to-face meeting at G-20 which could address the U.S.-China trade war. Did Xi write him a lovely letter also?
Source: washingtonpost - 🏆 95. / 72 Read more »
China's Xi defends free markets as key to world's prosperityChinese President Xi Jinping issued an impassioned defense Wednesday of free markets' ability to combat economic uncertainty as he sought allies amid his nation's worsening trade dispute with the United States. In a speech to lawmakers in Spain, where Xi is on a state visit before attending... Unfree country talks about free market 🤔🤔
Source: ABC - 🏆 471. / 51 Read more »
Watch out for December ‘risk liquidation’ in markets if Trump meeting with Xi is a bustThe countdown is on to the moment when U.S. and Chinese presidents sit down to dinner in Buenos Aires. Our call of the day says if all doesn’t go well, the S&P 500 could revisit some ugly lows. wlwatts With both PRC and US mkts very fragile right now, there's mutual self-interest in issuing soothing assurances. Pop-biz TV talking heads will swallow it whole... but will major bondholders?
Source: MarketWatch - 🏆 3. / 97 Read more »
Global Markets Rally After Trump-Xi Cease-Fire Eases Trade WorriesAsia-Pacific stocks jumped following a cease-fire on tariffs between Beijing and Washington at the Group of 20 meeting in Argentina over the weekend. In addition, the yuan rose against the dollar. NOW its a spat?! I thought it was the end of our way of life LAST week... So you are now downgrading a war to a spat? 'MY GOD IS TIME' 'DIFFERENT CEASE FIRE IN TRADE BETWEEN CHINA AND AMERICA'
Source: WSJ - 🏆 98. / 63 Read more »
Markets need not be worried about China's economy, the Trump-Xi trade war, or the FedThe triad of China's economy, trade war and the Fed's policy is a false alarm — the main problems are America's dangerous security challenges around the world involving military confrontations with China and Russia, Michael Ivanovitch writes. Nothing like a good apologist to end the day. This is a BS story. Sounds like something put out by the Russians. How do you expect people to take you article seriously when you have statements like this throughout your article. 'Again, only the Chinese government knows the truth there'.
Source: CNBC - 🏆 12. / 72 Read more »