Trade war: Trump ‘could extend’ deadline for deal with China
US President Donald Trump has said he could extend the 1 March deadline to reach a trade deal with China if they are making good progress.?Chinese and US officials will hold high-level talks this week aimed at halting their damaging trade war.?US officials previously said 1 March was a hard deadline for achieving a deal to avert further tariffs.?Both countries have imposed duties on billions of dollars worth of one another’s goods.?Deputy-level talks began this week in Beijing. High-level discussions, led by US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, are due to begin on Thursday as both sides rush to make progress before the 1 March deadline. Read More @?https://www.bbc.com/news/business-47221352
WHAT IS THE PSEi – SAYING?
4 charts that show why a stock-market rally has taken hold on Wall Street in February
Stocks are levitating higher on Wall Street, with major benchmarks and a few other market indicators offering signs that a rally that took hold in January may give way to a more lasting uptrend.?The durability of this most recent round of ebullience isn’t 100% clear after stocks got routed back in October. Thus far it has been underpinned by waning concerns about rate hikes by the Federal Reserve, and waxing optimism that a prolonged trade spat between the U.S. and China can be resolved in coming weeks, but here are a few indicators that market technicians are watching to help confirm the current bullish turn for equities: Read More@?https://www.marketwatch.com/story/4-charts-that-show-why-a-stock-market-rally-has-taken-hold-on-wall-street-in-february-2019-02-12?siteid=rss&rss=1
High Risk Investment?Warning:
Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.