US stocks steady but trade war fears linger, despite GDP data

on Monday on caution ahead of a raft of economic data this week, while sentiment remained weak as the July 6 deadline when the U.S. is due to impose US$34 billion of tariffs on Chinese exports is.

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US stock futures were pointing to modest gains, with lingering worries over a possible US – China trade war, despite expectations that the two countries will spend about six months negotiating trade.

Markets are anticipating the Federal Reserve will cut interest rates by 75 basis points this year, but analysts see fewer cuts barring an escalation in the US- China trade war.. As uncertainties over the US-china trade war continue to weigh on.. Washington have continued for over a year despite the latest truce agreed by.

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Markets are anticipating the Federal Reserve will cut interest rates by 75 basis points this year, but analysts see fewer cuts barring an escalation in the US- China trade war.. As uncertainties over the US-China trade war continue to weigh on.. Washington have continued for over a year despite the latest truce agreed by.

Brent steady. Brent futures prices are little changed today underpinned by expectations of more OPEC production cuts. Prices rose yesterday: October Brent crude rose 2% to $57.38 a barrel on Thursday. IFC Markets US stocks rebound as trade war fears ease | IFCM. US stocks and dollar move in opposite directions

The broadening gap comes as President Donald Trump pursues an increasingly fraught battle with the world’s largest economies to right the yawning US trade imbalance, sparking fears of a trade war.

The currency, which last Wednesday hit its weakest intraday level in seven weeks at 1.3344, traded in a range of 1.3207 to 1.3250. The price of oil, one of Canada’s major exports, gained despite worries about a global economic slowdown and the ongoing trade war between the United States and China, which weighed on global stock markets .WORLD.

Start data-heavy week on back foot; trade war fears linger Our Reporter | July 2, 2018 (July 2): Most Southeast asian stock markets fell on Monday on caution ahead of a raft of economic data this week, while sentiment remained weak as the July 6 deadline when the U.S. is due to impose US$34 billion of tariffs on Chinese exports is fast approaching.

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