Deal’s off! Deal’s on! Confused?

USA China Deal

Markets whipsawed overnight as the U.S. – China phase one trade deal came into question. Doubt was cast over the deal after Peter Navarro, trade adviser to President Trump, said the U.S.-China trade deal was over, prompting a sharp fall in stocks. He was quickly forced to retract the statement, saying it was taken out of context – apparently, before Donald Trump himself quickly tweeted, ‘The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreement!’ The remark created an unnecessary…

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China economy slows

China GDP

Data released today 17th January 2020, reports that China’s economy slowed to its slowest pace in 29 years! But it is slowing from a high and a remarkable period of sustained growth. Will a slowing economy affect the Phase One trade deal? If China’s economy is slowing, how does this bode for the promise made in the U.S. – China Phase One trade deal, where China is to increase U.S. purchases over the next two years? Keep a promise Can China afford to keep this Phase One trade deal promise?…

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U.S. stocks all rise – hyper markets!

Record U.S. stock highs

U.S. stocks all rise to set new records yesterday, 16th. January 2020 The U.S. markets have enjoyed a stellar start to the new year, encouraged by a number of economic factors. Trade deal benefits Signing of the Phase One trade deal has lifted investor sentiment as it met expectations, however much of the trade deal news is priced in. Latest data released from banks and businesses have been positive, so far, and better than analyst’s expected. A Trump tax cut windfall handout to America’s top banks of some £32 billion…

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U.S. stocks climb to new highs as U.S. and China sign Phase One trade deal

Bull Rally

It’s done! U.S and China signed their Phase One trade deal on Wednesday 15th January 2020. And the Dow, S&P 500 and Nasdaq reach new all time highs! The deal in numbers China bought $186 billion of U.S. goods and services in 2017 and now agreed to purchase an ‘additional’ $200 billion in U.S. goods over the next two years as part of the Phase One trade deal. These ‘additional’ purchases will come in addition to the 2017 U.S. exports. The deal is reported to stipulate that China will buy…

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Date set for signing U.S. – China Phase One trade deal

U.S. China Trade Deal

U.S. President Donald Trump announced 31st December 2019 that he will be signing the U.S. – China Phase One trade deal on 15th January 2020 in Washington. The deal, is expected to reduce tensions between the two countries. The U.S. president said, the treaty would be signed in Washington in the presence of ‘high level representatives’ from China. In a tweet the President also said, ‘At a later date I will be going to Beijing where talks will begin on Phase Two!’ Mr Trump recently called off plans for tariff…

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To deal or not to deal, is that the question?

Market high

November 2019 saw U.S. stocks benefit from continued speculation surrounding the possibility of a U.S. – China trade deal. Positive comments such as, ‘trade talks progress’ and ‘we’re close to a deal’, blindly pushed U.S. stocks to all time new highs! The DOW, S&P 500 and the Nasdaq all became record breakers… again! Recession – what recession? Strange really – just 6 weeks or so ago, much of the media speculation was about recessionary fears and global slowdown, and yet here we are with all three major U.S. indices basking…

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Market moving news Friday 27th September 2019

Stock Market

Market moving news FTSE 100 up What’s going on in the markets today? FTSE 100 up at midday to: 7440 Friday adding to the 60 point gain achieved yesterday. Dow dropped back yesterday to close down at: 26891 with futures now pointing to open up around 70 points. China industrial profits fall Data released today suggests profits from the country’s industrial firms shrank in August. The contraction indicated industrial firms are under pressure as domestic demand remains weak and the U.S. – China trade war starts to bite. Trump inquiry…

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Optimism over potential U.S. – China trade deal talks returns. Daily market moving news & events roundup, 30th August 2019

USA China Deal

Market moving daily news roundup – events & news likely to move markets 30th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic calendar – scheduled news and events 30th August 2019 UK – consumer confidence reading due Japan – consumer price index data due & retail trade data Japan – jobs, unemployment data due Germany – retail sales data due UK – consumer credit data due EU – consumer price index data due EU – unemployment…

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U.S. yield curve inverts again – Daily market moving news & events roundup, 28th August 2019

Market moving daily news roundup – events & news likely to move markets 28th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic calendar – scheduled news and events 28th August 2019 Germany – consumer confidence survey data due at: 07:00 BST Germany – 10 year bond auction due at: 10:30 – 11:00 BST U.S. – mortgage applications data due at: 12:00 BST U.S. – various Federal Reserve Bank speeches due later today Stock markets mixed as…

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Market moving news, daily roundup 13th August 2019, UK – US trade deal moves up agenda

Market moving news daily roundup – events & news likely to move markets 13th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Market moving news roundup, 13th August 2019 Summary Singapore cuts GDP forecast Asian markets slip overnight. Political turmoil in Argentina rocked its stock markets and currency Monday 12th August 2019. Singapore cuts GDP forecast for 2019. Hong Kong’s unrest remains in focus. U.S. – UK trade deal moved to top of the agenda – sector by…

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