Donald Trump, Xi Jinping set for November 17 meeting in Chile to sign interim trade war deal: source
Chinese President Xi Jinping and US President Donald Trump set to meet on the sidelines of the Apec summit in Chile next month, a source says
The two state leaders are expected to sign an interim trade deal ‘if everything goes smoothly’
In addition to large purchases of farm products, the interim agreement may contain commitments by China to buy US-built aircraft and energy products, particularly liquefied natural gas.
https://www.scmp.com/economy/china-economy/article/3035340/donald-trump-xi-jinping-set-november-17-meeting-chile-sign
WH: US, China work on final text for phase one
The United States and China are working on the final text of the phase one of the trade deal that may be signed during the Asia-Pacific Economic Cooperation (APEC) summit in Chile in November, a White House spokesman said on Tuesday.
https://www.teletrader.com/wh-us-china-work-on-final-text-for-phase-one/news/details/50054272?internal=1
Kushner: US, China agree on future of trade ties
The United States and China have a deal on how to develop their trade relationship in the future, Senior Advisor to the President of the United States Jared Kushner said on Tuesday.
Kushner, who is also President Donald Trump’s son-in-law, said in Saudi Arabia that the US and China agree where their trade ties should head, Reuters reported.
https://www.teletrader.com/kushner-us-china-agree-on-future-of-trade-ties/news/details/50052475?internal=1
“Starting a couple of years ago, the BDI also became useful as a leading indicator for the stock market. Its movements now tend to show up about 25 trading days later in the movements of the SP500. That’s a pretty fun insight, because it can tell us ahead of time about the future movements of stock prices.
This relationship got into trouble in January and February 2019, when a big BDI drop was not echoed in the SP500. That drop in the BDI came about mostly due to the collapse of a dam at an iron ore mine in Brazil, which sent a shock through the shipping market because of the sudden cutoff in the shipping of that mine’s ore.
I wish I had a good answer to the question of why it really did not work all that well before August 2017, and also why it has correlated well since then. I do not have that answer, but I see that it is so. I also see that what lies ahead on this agenda is a big rebound by the BDI which is now due to get echoed by the SP500.
https://www.mcoscillator.com/learning_center/weekly_chart/baltic_dry_index_leads_stock_prices/ [mcoscillator.com]
Tom McClellan
Editor, The McClellan Market Report
I dalje minusi, minusi i samo minusi:
https://en.sse.net.cn/indices/cdfinew2.jsp
Baltic Dry Index Falls 1.11% to 1,782 in London
•Capesize -0.16% to $25,684
•Panamax -2.12% to $12,634
•Supramax 58k tons -2.7% to $12,506
•Handysize -2.08% to $8,750
Baltic Dry Index Falls 1.11% to 1,782 in London
•Capesize -0.16% to $25,684
•Panamax -2.12% to $12,634
•Supramax 58k tons -2.7% to $12,506
•Handysize -2.08% to $8,750
em loše FI, em indeksi tonu..nije dobro
–
WH: US wants China deal in November despite APEC cancellation
The White House said on Wednesday the United States still wants to sign a phase one trade deal with China in November despite the cancellation of the Asia-Pacific Economic Cooperation (APEC) summit in Chile, where the two countries initially intended to sign the agreement.
“We look forward to finalizing Phase One of the historic trade deal with China within the same time frame, and when we have an announcement, we’ll let you know,” a White House spokesperson stated.
Earlier in the day, Chilean President Sebastian Pinera announced the country will not host the APEC summit as a result of domestic issues. Meanwhile, China reportedly proposed that US President Donald Trump and his Chinese counterpart Xi Jinping meet in Macau to sign the deal.
https://www.teletrader.com/wh-us-wants-china-deal-in-november-despite-apec-c/news/details/50075938
Stvori li se ovaj novi trgovinski blok to bi za brodare moglo biti od većeg poticaja nego dogovor US-Kina.
Trgovinski blok koji okuplja pola svijeta na korak do stvaranja