Shares in Asia were poised to open stronger on Tuesday, buoyed by US-China trade talk expectations as officials struck a positive tone after the first day of negotiations. Equity-index futures showed shares in Tokyo, Hong Kong and Shanghai may trade higher, while Sydney stocks looked flat. US and Chinese officials were set to resume their … Read more
U.S. Secretary of the Treasury Scott Bessent and U.S. Trade Representative Jamieson Greer address the media after trade talks with China in Geneva, Switzerland, May 11, 2025. | Photo Credit: Reuters The United States and China on Sunday (May 11, 2025) said progress had been made after a weekend of talks aimed at de-escalating trade … Read more
Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with the United Kingdom turned investors optimistic ahead of talks between top officials from Washington and Beijing. Brent crude futures rose $1.07, or 1.7%, to settle at $63.91 a barrel, while U.S. West Texas … Read more
Gold rose over 1% on Friday as the dollar ticked lower, while the market digested comments on tariffs from U.S. President Donald Trump ahead of a weekend meeting between the U.S. and China. Spot gold was up 1.1% at $3,340.29 an ounce at 1346 ET (17:46 GMT) and has gained 3.1% so far this week. … Read more
U.S. stocks ended the week on a quiet note on Friday after oscillating between slight gains and declines, as investors gauged President Donald Trump’s comments on Chinese tariffs ahead of weekend trade talks between the two countries. Wall Street‘s main indexes finished slightly lower for the week. Trump said Beijing should open its market to … Read more
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says the market will initially rejoice on possibilities of US-China sitting down and negotiating and start thinking in terms of positive outcomes. But he will be a little cautious. There are significant challenges or points of disagreement between China and the US. It will take a lot of negotiation … Read more