USwhetheristhinkssets@fastFT pic.twitter.com/W9GIkT427X 7.28am GMTAnxiety over the US-China trade talks is building again nowadays.
Chinese officials acquire shifted their stance because after agreeing to changes to their mental-property policies,they haven’t received assurances from the Trump administration that tariffs imposed on their exports would be lifted, two of the people said on condition of anonymity. Beijing has also stepped back from its initial promises over data protection of pharmaceuticals, or didn’t offer details on plans to improve patent linkages,and refused to give ground on data-service issues, one person familiar with the U.S.’s views said.
7.17am GMTGood morning, or welcome to our rolling coverage of the financial markets,the world economy, the eurozone and business.
UK workers got some good news yesterday - wages are rising at their fastest pace since the financial crisis, and at a pacy 3.4% per year.
If nowadays’s CPI inflation numbers show another drop from the surprise drop to 1.8%,we saw in January, then consumers will accumulate a further boost to their wage packets after months of negative to low wage growth.
Even if we near in at 1.8% in the February numbers it will still be a two-year low for headline CPI, and with core prices also expected to near in at 1.9%. FOMC Preview: Data-dependent Powell forced into a dovish corner. Watch 2020/2021 dots. Flatlining these would corroborate view that US interest rate cycle has peaked. This will be *too dovish* for investors to fade the dovish Fed. End date for QT good news for risky assets $USD pic.twitter.com/ZYv7KCHFVpBreaking: No10: “PM won’t be asking for a long extension. There is a case for giving Parliament a bit more time to agree a way forward,but the people of this country acquire been waiting nearly 3 years.. They are fed up with Parliament’s failure to remove a decision 1/2European Opening Calls:#FTSE 7295 -0.40%#DAX 11708 -0.69%#CAC 5407 -0.34%#MIB 21321 -0.51%#IBEX 9458 -0.36%Continue reading...
Source: theguardian.com