China, Trump and Stocks
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The deal includes the U.S. rolling back some export restrictions on advanced technology in exchange for China's release more rare earths. In other trade news, President Donald Trump's administration is close to a deal with Mexico to lift the 50% tariff on a limited amount of imported steel,
Wall Street digested the progress on US-China trade negotiations and braced for the release of the May consumer inflation report.
Stocks haven’t been this expensive relative to bonds in almost 25 years. Is a market downturn next?
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Global shares are mostly trading higher after China and the U.S. said they have a framework for following up on the trade truce.
Global shares are mixed as investors focus on the result of the ongoing trade talks between Washington and Beijing
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The dollar is mostly a little firmer against the G10 currencies, though the euro and Swiss franc are notable exceptions, but barely. Click to read.
Asian shares are mostly higher as investors keep an eye on China-U.S. trade talks that might help stave off a recession.
Big Chinese tech companies are pointedly asking for new, young recruits to have AI skills. Complicating the job market further is China's work-heavy culture. This report is from this week's CNBC's The China Connection newsletter,