Asia stocks set to slip amid renewed US-China trade concerns

In Hong Kong, ESR Cayman is set to make its public debut on Friday, which is expected to be the second largest IPO for the city this year. That would follow Budweiser APAC's IPO — the second largest globally this year — in Hong Kong inSeptember.

A private survey of factory activity in China is expected later on Friday, with the Caixin/Markit Purchasing Managers's Index for the manufacturing sector set to be out around 9:45 a.m. HK/SIN. That comes a day after official data showed manufacturing activity in ChinaInvestors will watch for developments in U.S.

That development came amid recent optimism for a "phase one" deal to be signed between the two economic powerhouses soon. The deal had been initially been expected to be signed at a November summit in Chile, an event which has since been canceled by the country due to ongoing anti-government protests.

Old excuse recycled as a new excuse in hopes of generating greater volatility for the benefit of Wall Street trading firms. Assist to CNBC.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks seen lower as investors watch US-China trade, big bank earningsEuropean stocks were seen slightly lower Wednesday morning amid reports that China is reluctant to commit to U.S. President Donald Trump's demands that it make significant purchases of American agricultural products.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks end lower as worries re-emerge over U.S.-China trade talksStocks ended lower Thursday, with the S&P 500 pulling back from the previous session's record close, as investors turned their attention to U.S.-China... This is a great read, thanks! finances stocks Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc
Source: MarketWatch - 🏆 3. / 97 Read more »

Asia stocks set to rise as Fed slashes interest rates, S&P 500 hit record highsInvestors will watch for market reaction to the Federal Open Market Committee's overnight decision to cut its benchmark funds rate by 25 basis points. The central bank also removed a key phrase from its statement that said it will 'act as appropriate' to sustain the current expansion.
Source: CNBC - 🏆 12. / 72 Read more »