U.S. government debt prices were lower Wednesday morning, as investors awaited a fresh batch of economic data.
Market focus is largely attuned to global trade developments, amid conflicting signals over the extent of progress in U.S.-China trade talks.
Speaking at the Economic Club of New York on Tuesday, President Donald Trump said both sides were "close" to reaching a "phase one" trade deal but did not offer any details on where or when it might be signed." on trade, though he blamed the situation on past leaders of the world's largest economy. Washington and Beijing have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment.
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US futures point to a lower open as investors look ahead to Fed chair's speechU.S. stock index futures were lower Wednesday morning.
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Trump calls U.S.-China deal ‘close’ in speech where he blasts Fed and touts economic successesPresident Donald Trump said Tuesday a U.S.-China trade deal “could happen soon,” describing a phase-one agreement as “close” in a speech to the Economic Club...
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'Give me some of that money,' Trump tells Fed in speech on the economyWATCH: At a NYC economic forum, President Trump says he meets with kings, queens, prime ministers, presidents and dictators: 'Anybody who wants to come in -- dictators, it's OK -- come on in, whatever's good for the United States.'
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Trump rips Fed and touts U.S. economy in New York speechPresident Donald Trump took aim at the Federal Reserve and touted U.S. job creation in a speech Tuesday at the Economic Club of New York, as investors watched the address for possible clues on the direction of a U.S.-China trade deal.
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Trump rails on Fed, says market and economy would be doing even better without Powell mistakes'If we had a Federal Reserve that worked with us, you could have added another 25%' to the stock market' since the 2016 election, Trump says.
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Many Americans are fighting the Fed. Good for them“By spending less and saving more, a good number of American households are showing their Fed independence. Washington’s policymakers should do the same,” former FDIC chair Sheila Bair writes. investinyou (In partnership with acorns.)
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