NewsFeeder
02-25-2019, 08:30 PM
Stocks Mixed as Traders Await Next Step on Trade: Markets Wrap
While U.S. President Donald Trump raised the possibility of signing a new trade deal with Chinese counterpart Xi Jinping, he also said Monday an agreement “might not happen at all.” Oil held losses after tumbling the most in four weeks on Trump’s criticism that prices are too high. Also in focus this week will be a hearing from Federal Reserve Chairman Jerome Powell, where investors will get the latest read on monetary policy and discussion of the central bank’s balance sheet. The pound climbed as Prime Minister Theresa May is considering a plan to delay Brexit and stop the U.K. leaving the European Union with no deal next month, according to people familiar with the situation.
https://finance.yahoo.com/news/asian-stocks-trade-mixed-pound-002157195.html?.tsrc=rss
While U.S. President Donald Trump raised the possibility of signing a new trade deal with Chinese counterpart Xi Jinping, he also said Monday an agreement “might not happen at all.” Oil held losses after tumbling the most in four weeks on Trump’s criticism that prices are too high. Also in focus this week will be a hearing from Federal Reserve Chairman Jerome Powell, where investors will get the latest read on monetary policy and discussion of the central bank’s balance sheet. The pound climbed as Prime Minister Theresa May is considering a plan to delay Brexit and stop the U.K. leaving the European Union with no deal next month, according to people familiar with the situation.
https://finance.yahoo.com/news/asian-stocks-trade-mixed-pound-002157195.html?.tsrc=rss