Three before you leave — What to watch for in the market Thursday including trade talks, inflation

  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

All eyes will be on the high-stakes U.S.-China trade talks, but expectations are low on Wall Street.

China is open to a small deal as long as President Donald Trump doesn't impose more tariffs. In the meantime, officials in China are offering to increase annual purchases of U.S. agricultural products.tariff postponement to be the best outcome.

Strategist said an increasing lack of trust is making it more difficult to reach any agreement. Many expect to see a slimmed down trade deal before year end with issues like intellectual property theft and technology transfers left unresolved. Earlier this week, tensions between the two economic superpowers reached a fever pitch. The U.S. blacklisted 28 Chinese entities over alleged human rights violations against Muslim minorities in Xinjiang,2. Tame inflation?

Investors will get an update on the state of U.S. inflation on Thursday when the Labor Department releases September consumer price index. Core CPI, which excludes food and energy, is expected to rise just 0.1%, according to economists surveyed by Dow Jones., leading to the smallest annual increase in nearly three years. Weak inflation could bolster the case for the Federal Reserve to cut interest rates further.

Trump's tax cuts and increased fiscal spending have ballooned the U.S. government's red ink. The total shortfall rose to nearly $1.07 trillion through the first eleven months of the fiscal year.2:00 p.m. Monthly Treasury Statement of Receipts & Outlays

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So far any talk are stupid for Chinese!

I'll sum it up: Trade talks will end in failure.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Three before you leave — What to watch for in the market TuesdayFederal Reserve Chairman Jerome Powell will make comments, a host of economic data is expected and companies including Domino's Pizza and Levi Strauss will report earnings.
Source: CNBC - 🏆 12. / 72 Read more »