Here’s what you need to know before the markets open.
5. ‘Lemon’ or not, Trump is stuck with Phase 1 China trade deal. Trump has little choice but to stick with the first phase of his China trade deal despite his anger at Beijing over the coronavirus pandemic, new Hong Kong security rules, and dwindling hopes that China can meet US goods purchase targets.
8. Asian stocks are up. In Europe, Germany’s DAX fell 1.6%, Britain’s FTSE 100 rose 1%, and the Euro Stoxx 50 fell 1.4%. In Asia, China’s Shanghai Composite rose 2.2%, Hong Kong’s Hang Seng rose 3.3%, and Japan’s Nikkei rose 0.8% at the close. In the US, futures underlying the Dow Jones Industrial Average, the S&P 500, and the Nasdaq fell between 0.1% and 0.5%.
10. It’s a big day for data. US Manufacturing PMI and the 3-month and 6-month bill auctions are on the agenda.
The Most Powerful Sale & Affiliate Platform Available!
There's no credit card required! No fees ever.Create Your Free Account Now!
Subscribe to the newsletter news
We hate SPAM and promise to keep your email address safe