Asian stocks set to open lower as investors await US-China trade developments

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Shares in Asia were poised to slip at the open on Monday morning as investors awaited developments on the U.S.-China trade front.

div > div.group > p:first-child"> Futures pointed to a lower open for the Nikkei 225 in Japan. The Nikkei futures contract in Chicago was at 21,345, as compared to the benchmark index's last close at 21,450.85.

The news comes after CNBC reported Thursday that Chinese negotiators suggest combining a state visit to the U.S. with the signing of a trade deal. Beijing wants a deal to be fully ironed out before Chinese President Xi Jinping meets with U.S. President Donald Trump. His comments come three months into a fresh round of production cuts from the so-called OPEC+ alliance. The producers meet in mid-April to review their oil supply cut agreement, which is scheduled to last through the first half of 2019.

 

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This trade negotiation sounds like the usual Trump deal. Cause a lot of acrimony. Eventually, after much pain, go back to where you started and both sides claim a tremendous victory. Meanwhile, the deficit explodes and the ports are clogged.

Same thing this network says every other day. They will repeat this over and over again so the algorithms will make the market go down.

We already know that the US and China will have a deal. The tariffs are less than 1% of our GDP.. actuality the global economy is slowing down..

Wait. What? We can’t go up every day on the same news? “ Kudlow/ Trump says he’s optimistic about trade”.

Again!!! Where's the brain?

That's going to be a long wait!

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