US-China trade truce leaves markets with big questions - News Summed Up

US-China trade truce leaves markets with big questions


US-China truce: Markets will like the news that the United States and China reached a temporary trade truce this weekend in Japan, where US President Donald Trump and Chinese President Xi Jinping agreed to table new tariffs and continue negotiations. But uncertainty about whether a meaningful agreement can be finalized could loom over markets in the second half of the year. "Trump's intermingling of Huawei and trade talks makes both more complex," the Eurasia Group analysts said. Jobs report: The US Labor Department will release its monthly jobs report on Friday. Coming next week:Monday — OPEC meeting; US and German manufacturing dataTuesday — German retail salesWednesday — US markets half day; US balance of trade for MayThursday — US markets closedFriday — US jobs report


Source: CNN June 30, 2019 12:48 UTC



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