TAG China

China PMI Data Flash

With both China’s Manufacturing and Servies PMI’s coming in above consensus it suggests manufacturing remains resilient and domestic growth is chugging along. And amid trade and tariff tensions, this should be interpreted positively. at least for the next 20 minutes !!. However, trade fears are up front and centre again following news that the Trump Administration…

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US Futures Higher on Easing Trade War Fears

Reduced Chinese Tariffs Further List Sentiment in Markets US futures are pointing to another higher open on Tuesday, building on Monday’s strong gains and benefiting from an apparent easing in trade tensions between the world’s two largest economies. The postponement of new tariffs by both the US and China and the revelation that the latter…

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Meaningful Progress Made in US and China Trade Talks

Treasury Secretary Steven Mnuchin put a positive face on the state of U.S.-China trade negotiations, saying Monday the talks so far already have yielded tangible benefits.”I think we’ve made very meaningful progress,” he told CNBC’s “Squawk Box.” “Now it’s up to both of us to make sure that we can implement it.”His comments come amid…

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Trump Not Hopeful of Trade Deal With China

President Donald Trump said Thursday that he doubts high-stakes trade negotiations with China will succeed.”Will that be successful? I tend to doubt it,” the president told reporters during an appearance with NATO Secretary-General Jens Stoltenberg. “The reason I doubt it is because China has become very spoiled. The European Union has become very spoiled. Other…

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Live FX Analysis – 15 May 2018 (Video)

It’s been an interesting month in financial markets in which the dollar has rediscovered its mojo, geopolitical risk has remained heightened, US corporates have shown their strength and central banks around the world have become less bullish. Ahead of another busy data week, Senior Market Analyst Craig Erlam gives his views on the markets at…

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Trump Now Pledges to Save ZTE

China has welcomed a pledge from Donald Trump to help save ZTE, one of China’s biggest telecoms companies.The firm has suspended operations after the US last month banned American companies from selling it components. ZTE had admitted to making illegal shipments to Iran and North Korea.But Mr Trump has now tweeted he will work with…

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