Trade Negotiations Resume Face-To-Face ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ณ

Table of Contents

Trade Negotiations Resume Face-To-Faceย 

Trade negotiators from China and the US have resumed face-to-face talks as a Chinese delegation make preparations to visit the US farming belt next week. On Thursday, Deputy US trade representative, Jerry Gerrish, and Chinese officials met and are expected to follow up again today in order to set the stage for next weekโ€™s visit, as well as top-level talks which are expected to take place in October. This has bolstered sentiment surrounding the trade war. However, there remains a lot to do as the complex nature of a trade agreement suggests the trade warย  will not be settled anytime soon.

Meanwhile, data reports out yesterday, overall, were fairly positive for the US, with numbers affirming the Fedโ€™s view that the economy remains relatively healthy at the moment. There are, however, still signs of some cracks forming which should keep the Fed and the market on edge in the coming months.

In other related news, the OECD revised lower its economic growth estimate for the global economy, a result of weakening growth in the US, China, and the UK. The institute cited the ongoing trade war as well as Brexit as key factors for the global slowdown, which is likely to see growth come in at its lowest since the 2008 crisis.ย  The US is now expected to grow at 2.4% this year and 2.0% next year, while China is expected to grow by 6.1% and 5.7% in 2019 and 2020 respectively. Given these headwinds and the fact that the global business cycle is maturing, we can expect global central banks to continue turning dovish to keep economies on track. Good luck!

Share:
More Posts
Market Recap โ€“ September 28th ๐Ÿ’ฐ

After the 10-year Treasury yield bond fell off from its 15-year high, investors added some value back into the market, focusing all short-term attention on Fridayโ€™s PCE price index reading.

The Crude Oil Bust ๐Ÿ›ข

Surging global crude oil prices, driven by factors like OPEC+ production cuts have pushed U.S. West Texas Intermediate futures to over $95 per barrel.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visaยฎ Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.