U.S. government debt prices were lower Thursday, after the U.S. and China agreed to hold talks to end their long-running trade dispute.
It comes after China confirmed it would hold talks with the U.S. in early October, raising hopes the world's two largest economies could de-escalate their trade war before it inflicts further damage on the global 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.On the data front, investors are likely to closely monitor a flurry of economic reports on Thursday. The ADP National Employment Report for August will be released at 8:15 a.m. ET, with the latest weekly jobless claims and second quarter productivity and unit labor costs set to be released slightly later in the session.
A final reading of services PMI for August, ISM nonmanufacturing data for August and factory orders for July will also be released during morning deals. The U.S. Treasury is set to auction $55 billion in 4-week bills and $40 billion in 8-week bills on Thursday.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China, U.S. to hold trade talks in October: China commerce ministryChina and the United States agreed to hold high-level trade talks in early Octob...
Lire la suite »
Stocks drop to begin September amid new US-China tariffs, weak US manufacturing dataThe stock market finished in the red on the first trading day of September. The Dow dropped by 283 points as new China tariffs took effect this weekend and weak U.S. manufacturing data was reported. The S&P 500 lost 0.7% while the Nasdaq fell 1.1%.
Lire la suite »
US Treasury yields tick lower as investors monitor economic data, auctionsU.S. government debt prices were higher Tuesday morning, as investors awaited a batch of economic data and monitored Treasury auctions.
Lire la suite »
U.S. Treasury expected to unveil Fannie, Freddie plan in coming days: analystsThe Trump administration's blueprint for reforming the U.S. housing system ...
Lire la suite »
US Treasury yields tick higher as investors await economic dataU.S. government debt prices were lower Wednesday morning, as investors awaited the release of economic data.
Lire la suite »
Wall St. opens lower as U.S.-China trade tensions weighU.S. stocks fell broadly at the open on Tuesday, as Washington's new round ...
Lire la suite »