Asia markets set to trade lower amid dampened expectations for US-China negotiations

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Investors will watch for market reaction to a South China Morning Post report that said the U.S. and China made no progress in deputy-level trade talks this week.

South China Morning Post report

that said the U.S. and China made no progress in deputy level trade talks this week. In discussions that were held earlier in the week, China refused to discuss the issue of forced technology transfers, the report said. The SCMP report also said that high-level trade negotiations including Chinese Vice Premier Liu He would be cut to one day now, with the delegation from Beijing set to leave Washington on Thursday instead of Friday as originally planned.

The trade negotiations between Washington and Beijing this week were highly anticipated. The two largest economies have struggled to reach a deal to end their trade war that has now lasted for more than a year. Washington and Beijing have slapped tariffs on billions of dollars worth of each other's goods.U.S. stock futures tumbled

following the SCMP report, with Dow Jones Industrial Average futures plunging more than 300 points at one point. They pointed to a implied opening drop of 284.01 points for the Dow at Thursday's open stateside, as of 7:05 p.m. ET Wednesday. S&P 500 and Nasdaq-100 futures also pointed to declines for the two indexes at Thursday's open on Wall Street., which tracks the greenback against a basket of its peers, was last at 99.118 after bouncing from levels below 99.0 yesterday.

 

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Moderates with realDonaldTrump , sure. When will they abandon their intellectual strategy games to maintain the leadership of the world superpower to try to find realistic solutions to the internal control of China's financial markets?

China believes Trump needs to be Impeached along with the UK, Germany, France, Italy, Ireland, Ukraine, Switzerland, Spain, Iceland, South Korea, Taiwan, Japan, Egypt, Columbia, and many more.

How long can these two economic powerhouses continue this trade war.

But wait. Trump is the great deal maker and he loves trade wars because they are so easy to win. Unless China says FU Trump

jimcramer more China headlines!!!! Damn hasn't even been an hour since your tweet 😂😂😂🤙

So sad CNBC spreading fake news, talks don't start till tomorrow

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Stocks in Asia set to trade lower amid US-China trade uncertaintyStocks in Asia were set to trade lower on Wednesday amid mounting uncertainty on the U.S.-China trade front ahead of expected high level negotiations between the two economic powerhouses later this week. Uncertainty. 🙄🙄 The financial experts still think this is an easy fix. The market forgot to price the MORON into the market. Big correction coming!
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