China’s back to business; US shutdown risk; Brexit bites

London (CNN Business)1. Back to business in China: Markets in mainland China zoomed higher Monday as investors returned from a week-long break for Lunar New Year.

This is a big week in the trade conflict between the United States and China.
Trade talks between the countries have resumed, with US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin set to travel to Beijing for discussions later this week.
    Trump has threatened to increase existing tariffs and enact a third wave of penalties on Chinese goods if the two sides can’t broker a permanent truce before the March 1 deadline.
    2. US government shutdown (round 2): The United States is facing another possible government shutdown later this week.
    Budget talks between Democrats and Republicans ground to a halt over the weekend in a dispute over immigration policy.
    The disagreement appeared to dash hopes that a deal could be reached by Monday to allow each chamber of Congress plenty of time to pass legislation well before a Friday deadline.
    A repeat of the 35-day shutdown that started before Christmas could cause hundreds of thousands of federal workers to again be furloughed.
    3. Brexit bites: The British economy grew 0.2% in the final quarter of 2018, compared to the previous three months, according to data published Monday.
    The rate of expansion for the full year was 1.4%, down from 1.8% in 2017.
    Economists said that uncertainty over Brexit was a major factor in the poor performance, with business investment falling for the fourth consecutive quarter.
    With less than 50 days to go before Brexit, Prime Minister Theresa May has still not identified an exit proposal that is acceptable to both the European Union and UK parliament.
    “As the drag on growth from Brexit uncertainty is only going to be bigger in [the first quarter], there’s little hope of a rebound early this year,” said Paul Dales, chief UK economist at Capital Economics.
    The pound dropped 0.4% against the US dollar on Monday, slipping below $1.29.
    4. Global market overview: US stock futures were pointing higher. European markets opened with gains, while stocks in Asia were mixed.
    US stocks notched another win last week despite investor jitters over trade tensions. The Dow Jones industrial average closed down 0.3% on Friday, while the S&P 500 and the Nasdaq added 0.1%.
    5. Earnings and economics: Loews Corp (L), Meredith (MDP) and Restaurant Brands International (QSR) will release earnings before the open.
      Moneygram (MGI) will follow after the close.
      6. Coming this week:
      Monday — UK monthly GDP; Japan markets closed
      Tuesday — JOLTS report on US job openings; Under Armour (UA),Activision Blizzard (ATVI), Molson Coors (TAP), Groupon (GRPN) report earnings
      Wednesday — US and UK inflation data; Cisco (CSCO), Hyatt (H), Yelp (YELP), Heineken (HEINY), report earnings
      Thursday — US holiday retail sales; Coca-Cola (CCEP), CBS (CBS),Nvidia (NVDA) report earnings
      Friday — Newell Brands (NWL) and Pepsi (PEP) report earnings

      Original Article : HERE ; This post was curated & posted using : RealSpecific

      Recommended PRODUCTS
    • This Affiliate System Will Have You Raking In Massive Commissions From Affiliate Marketing.
    • Let Steve G. Jones Teach You How To Succesfully Market Your Own Holstic Business.
    • Make Money Online With This Pre-Loaded Wordpress eBook Store.
    • Steps to help stop your break up and get your ex back in hours not months.
    • This system can be used by anyone... even entrepreneurs who started businesses.
    • No money down business buying techniques revealed. Take over businesses
    • Get The Secrets To Get Your Ex Back Before They're Gone For Good And Develop A Fulfilling Relationship
    • A Step-By-Step Video Tutorials On How To Start And Grow Your Profitable Web-Business.
    • A Nearly Foolproof Step-by-step System To Get Her Back In Your Arms Again.
    • Learn How To Prevent Your Back And Joint Pains And Start Enjoying A Pain Free Life Again
    • Discover How To Attract More Students To Your Tutoring Business
    • This page from the book will show you how to get your ex girlfriend back as fast as possible.
    • Become An eBay PowerSeller In 90 Days. Work From The Comfort Of Your Own Home.
    • Reduce your personal liability and protect your family by step by step business credit system
    • Clickbank Ads

    • Make Money Online With This Pre-Loaded Wordpress eBook Store.
    • Let Steve G. Jones Teach You How To Succesfully Market Your Own Holstic Business.
    • This Affiliate System Will Have You Raking In Massive Commissions From Affiliate Marketing.
    • Turn Your Passion For Pets Into Profits. No Experience Required
    • The Breakup Doctor - How to Get Your Ex Back or Get Over Them For Good.
    • How to Get Over Your Breakup and Find Dating Success
    • You'll receive marketing lessons, which helped hundreds of people start their on-line businesses.
    • Look great and feel amazing during your pregnancy and beyond.
    • Start your own office cleaning business with Instant Office Cleaning Kit
    • Join 56,712 others who've erased back pain and sciatica from their lives.
    • It will show you how to make money by investing in tax liens and tax deeds.
    • Are you frustrated that your expensive karoke player does not let you play.
    • Paid Out 12,514,091.51 To Our Affiliates Since 2007. Join now
    • A brginners guide to secrets to importing and exporting automobiles.
    • Create Your Own Online Embroidery Business From Home
    • Clickbank Ads

      Thank you for taking the time to read our article.

      If you enjoyed our content, we'd really appreciate some "love" with a share or two.

      And ... Don't forget to have fun!


      Convertproof Elite 25 Sites

      Live conversion proof on your offers brings you more sales and more conversions.

      Leave a Reply