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Yun Li’s Posts
While some investors remain skeptical of a U.S.-China trade deal, the smart money has started to bet on a resolution to this jarring battle that has dragged on for nearly two years, according to Goldman Sachs.
Shares of RH surged more than 7% in premarket trading Friday, a day after Warren Buffett’s Berkshire Hathaway revealed it owned 1.2 million shares of the furniture retailer at the end of the third quarter.
Wall Street can’t stop talking about Elizabeth Warren, and as trade-war fears and recession scares abate, the Massachusetts senator’s ascent is set to become the market’s new obsession.
A gauge of U.S. manufacturing showed the sector continued to contract in October, the third straight month of slowdown amid global trade uncertainties.
President Donald Trump said Thursday a new location for signing the “phase one” U.S.-China trade deal will be announced soon after the initial gathering in Chile was canceled due to protests.
Chile said it’s calling off the Asia Pacific Economic Cooperation summit in Santiago in mid-November.
President Donald Trump and Chinese leader Xi Jinping were scheduled to meet at the summit to discuss a possible “Phase One” deal that the two countries are close to finalizing.
Global index provider MSCI is pushing back against criticism that it’s helping funnel American investment dollars into Chinese companies involved in human rights violations.
President Donald Trump said he’s meeting with Chinese Vice Premier Liu He on Friday, fueling optimism about a positive outcome from this week’s high-level trade talks.
China’s top negotiator and Vice Premier Liu He said the country carries “great sincerity” for the high-level trade talks this week.
China has lowered its expectations for progress on trade talks this week after the White House blacklisted a slew of Chinese tech companies over human rights violations, Reuters reported.
Chinese Ministry of Commerce said Tuesday it “strongly urges” the U.S. to stay clear from the country’s domestic issue, after the White House blacklisted a slew of Chinese companies due to alleged human rights violations against Muslim minorities in China’s far-western region of Xinjiang.
White House economic advisor Larry Kudlow said Friday “positive surprises” could emerge from the trade talks between the U.S. and China next week in Washington.
Chances of a rate cut by the Federal Reserve later this month rose after disappointing services reading fueled fears that the economic slowdown would tip the U.S. into a recession.
A gauge of U.S. manufacturing showed the lowest reading in more than 10 years in September as exports dived amid the escalated trade war.
Oil slid after Iranian President Hassan Rouhani claimed Friday that the U.S. offered to remove all sanctions on Iran in exchange for negotiations. President Donald Trump and the State Department later denied those claims, causing oil to rebound from the lows.