The China Commerce Ministry has announced that a new round of trade talks will be held in Washington D.C. in October.
- CHINA’S VICE PREMIER LIU HE HELD PHONE CALL WITH U.S. TRADE REPRESENTATIVE LIGHTHIZER AND U.S. TREASURY SECRETARY MNUCHIN ON SEPT 5 – CHINA COMMERCE MINISTRY
09:28:48 - CHINA AND U.S. TRADE TEAMS WILL HAVE TRADE CONSULTATIONS IN MID-SEPT – CHINA COMMERCE MINISTRY
- CHINA AND U.S. AGREE TO HOLD TRADE TALKS IN EARLY OCTOBER IN WASHINGTON – CHINA COMMERCE MINISTRY
09:31:54 - CHINA AND U.S. AGREE TO TAKE ACTUAL ACTIONS TO CREATE GOOD CONDITIONS FOR TRADE CONSULTATIONS- CHINA COMMERCE MINISTRY
The S&P e-mini futures are 0.70% higher, the Nikkei 2.20% higher and Australia’s ASX is 1.02% higher.
Gold has fallen o.50% to $1545.00 an ounce with both Brent crude and WTI making back early losses to be flat on the day.
On FX, the AUD and NZD dollars are 0.40% and 0.30% higher at 0.6820 and 0.6375 respectively. With a high beta to China trade, both would be expected to outperform.
