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- Financial markets gave the initial reaction the tariff talks between the United States and China for the weekend. When no side announces the tariffs, the White House pointed out a deal to help the American global trade deficit and said that the “mechanism” will be established for future discussions on trade and economics.
Investors were weighing on Sunday US-Chinese trade talks This weekend, both sides pointed to progress without saying anything about tariffs.
Futures for Dow Jones Industry jumped to average 401 points or 0.97%. S & P 500 futures jumped 1.15% and Half Futures increased 1.45%.
Dow futures lost a bit of juice after President Donald Trump Cut the prescription drug pricesTo predict 30% -80% descending.
The dollar fought against 0.1%, new and 0.25% against the euro. Gold, which arises as a valid safe shelter asset on the dollar, fell from 2% to $ 3273 per ounce.
The 10-year treasury product was less than 1 to 4.382%. US oil prices rose from 0.57% to $ 61.37 to $ 61.37, and Brent raw materials rose from 0.49% to $ 649% to $ 64.22.
“On the Internet, the United States and China, the Treasury Secretary Scott told reporters that journalists informed journalists that more special briefing will come to the briefing.
US Trade Representative Jamieson Greer, Jamieson Greer, who is in talks with a Chinese delegation led by Lifeng’s Vitseengeni, said a kind of deal was made.
“Why is the first place here, the US has a $ 1.2-trillion trade deficit, so the president has declared a state of emergency, and this is a state of being a national environment.
He then agreed to create a “consultation mechanism” for future discussions in both countries, two countries and trade and economic issues, and in progress in the talks, “Advice Mechanism”.
One A comprehensive trading deal was not expected This weekend, but after the US and China’s positive comments, 145% tariff and Pekin, after the President Donald Trump, then retaliated by 125% fee, he proposed to increase the least growing trade tension.
So far, the results of the tariff negotiations are a broad framework that two nations can go to a wider trade contract, “Michael Brown can negotiate in order to reach a larger trade agreement in Pepperstone.”
“This weekend is not the worst possible result, but in a note of the concrete agreement, but not the worst possible result.
As soon as the Wall Street saw more information about Tariff Tariff Tariff Talks, the main economic reports are also next week.
The Labor Department will publish the consumer price index on Tuesday and Thursday, this will publish more tips on inflation as tariffs.
Reports for monthly retail and industrial production are also planned for Thursdays. Several federal reserve officials said that in a few weeks, after maintaining the central bank’s speed last week, and the rates will not be ruled.
This story was first displayed Fortune.com
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