AUD: 70.87 US cents, 53.36 British pence, 62.41 euro cents, 78.94 Japanese yen, $NZ1.0338Europe: FTSE 100 +0.3pc at 7,324, DAX +1.1pc at 11,788, CAC +0.2pc at 5,424, Euro Stoxx 50 +0.5pc at 3,138Bloomberg reported that some US negotiators are concerned that China is pushing back against US demands in trade talks.
However, US President Donald Trump told a press conference that talks with China are going very well and US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin will go to Beijing next week for more high level talks. Stocks were sold off sharply after a strong rally earlier in the session both on the trade concerns and on expectations that the US Federal Reserve will keep official interest rates on hold this week.EU not guaranteeing Brexit delayUK Prime Minister Theresa May will ask the European Union to delay Brexit by at least three months at this week's EU summit in Brussels.
The UK is due to leave the European Union on March 29 but EU leaders are expected to offer the UK a conditional extension."My feeling is that a longer extension needs to be linked to something," he told reporters.To commodities and aluminium prices jumped to a three month high after major producer Norsk Hydro suffered a cyber-attack which hit production.
Source: Financial Digest (financialdigest.net)
cummon you all know the tariffs/'decoupling' of american and Chinese market's is the last step before a culture changing war the tarrifs extra wont end until after millions are dead and whatever replaces UN arbitrates it we have been in the lead up for over a decade now...
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