Donald Trump and Xi Jinping confirm G20 meeting and restarting of US and China trade talks
https://www.scmp.com/news/world/united-states-canada/article/3015086/us-and-china-teams-restart-trade-talks-g20-trump
A source briefed on the arrangements for the meeting had earlier told the South China Morning Post that the meeting could take the form of a face-to-face negotiation over dinner.
“It would be largely a replay of the summit in Argentina last December,” the source said.
Telefonski razgovor Trumpa i Xia bio je na zahtjev američke strane.
Trump: US, China trade talks starting tomorrow
United States President Donald Trump told reporters on Tuesday that the next round of trade talks with China is starting tomorrow. “China would like to make a deal, we would like to make a deal, but it has to be a good deal for everybody,” he explained, before reiterating he has a “very good relationship” with Chinese President Xi Jinping.
https://www.teletrader.com/trump-us-china-trade-talks-starting-tomorrow/news/details/48396634
BEIJING (Reuters) – China said on Wednesday positive outcomes were possible in trade negotiations with the United States, after the presidents of the world’s two largest economies agreed to revive their troubled talks at a G20 meeting this month.
https://www.reuters.com/article/us-usa-trade-china/china-says-history-shows-positive-outcome-from-u-s-talks-possible-idUSKCN1TK0T2
China and US negotiating teams scramble to make a plan for Xi Jinping and Donald Trump’s Osaka summit
https://www.scmp.com/economy/china-economy/article/3015411/china-and-us-negotiating-teams-scramble-make-plan-xi-jinping
Dow 30 26,753.17 26,798.63 26,539.69 +249.17 +0.94% 16:20:01
S&P 500 2,954.18 2,958.06 2,931.50 +27.72 +0.95% 15:59:56
Nasdaq 8,051.34 8,088.88 7,996.87 +64.02 +0.80% 16:38:00
SmallCap 2000 1,563.41 1,571.70 1,554.29 +7.10 +0.46% 15:59:57
20.06.2019.
Imamo novi closing ATH.
Sad je već izgledno da će ga vrlo vjerojatno dogurati do 3000 bodova.
A onda ?
Investors do not need “a complete deal at the G20 to add more confidence to the market but the market needs some assurance there’s a de-escalation of trade tensions,” said Frances Donald, chief economist and head of macroeconomic strategy at Manulife Investment Management in Toronto.
“The best the market can expect out of the G20 is a handshake and a commitment to resume talking,” said Paul Christopher, head of global market strategy at Wells Fargo Investment Institute in St. Louis, Missouri.
This could be enough to pep up the trade-weary market while anything less could cause the market to nosedive.
“The market is already primed for a bad outcome,” said Jared Woodard, global investment strategist at BofA Merrill Lynch Global Research. “If you saw a tariff reduction, or even friendly progress that takes escalation off the table, it would give you a huge bullish market response.”
He estimated that the S&P could rise above 3,000 if the G20 meeting goes well. It closed at 2,954.18 on Thursday.
But if there is no progress, the benchmark index could fall back down back down to 2,750, Woodard said: “At that point investors would expect a more aggressive response from the Fed or a more conciliatory tone from the president.”
https://finance.yahoo.com/news/wall-st-week-ahead-investors-164436568.html
China, US agree to resume trade talks in phone call ahead of Xi-Trump G20 meeting
Chinese Vice-Premier Liu He speaks to US’ Robert Lighthizer and Steven Mnuchin on Monday, Chinese state media says
Chinese President Xi Jinping will travel to Japan on Thursday and will meet US President Donald Trump on the sidelines of the Group of 20 summit in Osaka. The meeting is expected to take place on Saturday.
https://www.scmp.com/news/china/diplomacy/article/3015923/china-us-agree-resume-trade-talks-phone-call-ahead-xi-trump
US-China trade war deal ‘90 per cent complete’, US Treasury chief says
Steven Mnuchin says this week’s meeting of the leaders of the world’s two biggest economies will be ‘very important’
https://www.scmp.com/news/china/diplomacy/article/3016167/us-china-trade-war-deal-90-cent-complete-us-treasury-chief
Trade war: US and China agree tentative truce before G20 summit
Fresh tariffs expected to be delayed, with two sides preparing separate statements
Source says Donald Trump’s decision to delay additional tariffs was Xi Jinping’s price for holding this week’s meeting with him
https://www.scmp.com/economy/china-economy/article/3016255/trade-war-us-and-china-agree-tentative-truce-g20-summit
Xi to present Trump with terms for ending trade war – reports
The sources said that one of the preconditions is the removal of the ban on the sale of US technology to Chinese telecom giant Huawei Technologies Co. China also wants the US to lift all punitive tariffs and cease its efforts to force Beijing to buy more US exports than last agreed in Buenos Aires in December. However, the sources added that Xi was not expected to take a confrontational tone with Trump despite the demands but instead outline his vision for an optimal bilateral relationship which would include China’s help on issues troublesome to the US, such as those of Iran and North Korea.
https://www.teletrader.com/xi-to-present-trump-with-terms-for-ending-trade-war-reports/news/details/48502701?internal=1
US not to add new tariffs against China – report
The United States will not implement any new tariffs against China following the meeting between President Donald Trump and his Chinese counterpart Xi Jinping in Osaka, Xinhua reported.
Trump described the talks as “excellent” and “better than expected,” adding negotiations were “back on track.” However, he didn’t give any more information on the meeting, saying more details would be released in a statement around 2:30 am ET.
“The negotiations are continuing,” Trump added before heading into the meeting with Turkish President Recep Tayyip Erdogan.
https://www.teletrader.com/us-not-to-add-new-tariffs-against-china-report/news/details/48527276?internal=1