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Stocks rise, U.S. dollar tentative ahead of U.S.-China talks outcome

(1 week ago)
Rae Wee, Johann M Cherian
Business

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Global stocks showed buoyancy and the U.S. dollar remained tentative as trade talks between the United States and China extended to a second day in London, with tentative signs of easing tensions. Investors are closely monitoring the negotiations for concrete announcements, hoping to alleviate concerns over past tariffs and their impact on global growth. Market attention is also on Japanese government bond yields and upcoming U.S. inflation data, which could influence Federal Reserve rate cut expectations.

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  1. 1 Monday: U.S.-China trade talks wrapped up for the night in London.
  2. 2 Tuesday: Talks set to resume at 0900 GMT.
  3. 3 Last month: Super-long JGB yields rose to record levels.
  4. 4 Wednesday: U.S. inflation data (core CPI) is due.
  5. 5 A day later (Thursday): Producer price index (PPI) report will be released.
  6. 6 Next week: Federal Reserve policy meeting is scheduled.
  • Global market volatility due to trade tensions
  • Impact on global growth
  • Fluctuations in currency exchange rates
  • Influence on central bank interest rate decisions
What: Global stocks are buoyant and the U.S. dollar is tentative as U.S.-China trade talks continue, with markets awaiting concrete announcements.
When: Talks resumed on Tuesday, having wrapped up for the night on Monday; super-long JGB yields rose to record levels last month; U.S. inflation data is due on Wednesday, followed by the PPI report a day later; the Fed policy meeting is next week.
Where: London (Lancaster House), Tokyo, Asia, United States.
Why: Markets are reacting to the potential for easing trade tensions between the world's two largest economies, which have previously undermined global growth. Investors are also anticipating key economic data that could influence monetary policy.
How: Through ongoing high-level trade negotiations between the U.S. and China, and the anticipation of key U.S. economic data releases (CPI and PPI).

Global stocks showed buoyancy and the U.S. dollar remained tentative as trade talks between the United States and China extended to a second day in London, with tentative signs of easing tensions. Investors are closely monitoring the negotiations for concrete announcements, hoping to alleviate concerns over past tariffs and their impact on global growth. Market attention is also on Japanese government bond yields and upcoming U.S. inflation data, which could influence Federal Reserve rate cut expectations.