Stocks gain on trade hopes, risk appetite lifts dollar
NEW YORK (Reuters) – The dollar strengthened and global stock markets rallied on Monday on signs the United States and China are nearing the end of a damaging trade war…
U.S. considers dropping some tariffs on China: FT
FILE PHOTO: A U.S. dollar banknote featuring American founding father Benjamin Franklin and a China’s yuan banknote featuring late Chinese chairman Mao Zedong are seen among U.S. and Chinese flags…
Phase one trade deal with China is in good shape: U.S. Commerce chief
FILE PHOTO: U.S. Commerce Secretary Wilbur Ross meets with Greek Prime Minister Kyriakos Mitsotakis (not pictured) at the Maximos Mansion in Athens, Greece September 5, 2019. REUTERS/Costas Baltas/File Photo WASHINGTON…
China says it hopes to reach phased trade pact with U.S. as early as possible
BEIJING (Reuters) – China’s commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress…
Weak U.S. retail sales cast shadow over slowing economy
WASHINGTON (Reuters) – U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door…
Stocks flat on data, earnings; pound volatile
NEW YORK (Reuters) – A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns about a slowing economy was offset by a solid start…
U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin
U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington, U.S., October 11, 2019. REUTERS/Yuri Gripas WASHINGTON (Reuters) – U.S.…
As Fed policymakers comb data, few decisive signals on outlook
SAN FRANCISCO/ WASHINGTON (Reuters) – Federal Reserve policymakers on Friday signaled they are on high alert for signs that uncertainty over trade policy and slowing global growth are beginning to…
Evans: Larger balance sheet may avoid future repo market problems
CHICAGO (Reuters) – Chicago Federal Reserve bank president Charles Evans said on Wednesday that the Fed may be able to avoid future repo market problems simply by increasing its balance…
Evans says two rate cuts have Fed ‘well-positioned’ at this point
FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans visits the online music retailer Sweetwater, in Fort Wayne, Indiana, U.S. September 14 2018. REUTERS/Ann Saphir CHICAGO (Reuters) – Chicago Federal…