U.S.-China October trade talks on track but tensions still run high – Danske Bank

Market news

27 September 2019

U.S.-China October trade talks on track but tensions still run high – Danske Bank

According to Danske Bank analysts, high-level trade talks remain on track for the week starting 7 October, but elevated U.S.-China tensions create difficult conditions to reach a real deal.

“Chinese stocks and the CNY gave back gains in sign of caution ahead of the talks.
PRC's 70-year anniversary is celebrated on 1 October. It will be a demonstration of economic achievements as well as military capabilities.”

U.S.: Reuters/Michigan Consumer Sentiment Index, September 93.2 (forecast 92)

U.S. Stocks open: Dow +0.31%, Nasdaq +0.26% S&P +0.33%

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