Markets hope for positive signs from Trump trade speech
U.S. President Donald Trump is scheduled to discuss the country’s trade policy at the Economic Club of New York on Tuesday, and the markets are likely to hang on every word.
U.S. President Donald Trump is scheduled to discuss the country’s trade policy at the Economic Club of New York on Tuesday, and the markets are likely to hang on every word.
The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia’s young and untested Tadawul stock exchange.
U.S. President Donald Trump is scheduled to discuss the country’s trade policy at the Economic Club of New York on Tuesday, and the markets are likely to hang on every word. Trump’s lunchtime address at the club, which has hosted U.S. presidents including Woodrow Wilson and John F. Kennedy, as well as foreign leaders like former Soviet President Mikhail Gorbachev https://www.econclubny.org/legacyarchive/-/blogs/1992-mikhail-gorbachev and Chinese Premier Li Keqiang https://www.ncuscr.org/content/full-text-premier-li-keqiangs-speech, will be closely watched by investors anxious for any positive news about his administration’s long-running trade war with China. “You can expect the president to highlight how his policies of lower …read more […]
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U.S. oil prices fell for a second day on Tuesday, weighed down by uncertainty over whether U.S.-China trade talks are making much progress, while higher Saudi Arabian crude output reinforced concerns about oversupply. U.S. West Texas Intermediate (WTI) crude was down 18 cents, or 0.3%, at $56.68 a barrel. Brent crude futures were down 14 cents, or 0.2%, at $62.04 a barrel by 0256 GMT, after falling 0.5% on Monday. …read more […]
Asian share markets flatlined on Tuesday as uncertainty over Sino-U.S. trade talks and political strife in Hong Kong dogged sentiment, while safe-haven bonds eked out a bounce.
MSCI’s broadest index of Asia-Pacific shares outside Japan edged up a slight 0.04%, following a sharp 1.2% pullback on Monday. Caution ruled ahead of a speech by U.S. President Donald Trump to the Economic Club of New York later in the day in case there was any new word on the Sino-U.S. Phase one trade deal. On a more positive note, Politico reported Trump would announce this week that he is delaying a decision on whether to slap tariffs on imported European Union autos for another six months. …read more […]
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U.S. President Donald Trump is expected to announce this week that he is delaying a decision on whether to slap tariffs on cars and auto parts imported from the European Union, likely for another six months, EU officials said.
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