France's CAC 40 slipped 0.3% to 5,346.57. Germany's DAX dipped 0.3% to 11,710.38. Britain's FTSE 100 inched up less than 0.1% to 7,251.10. U.S. shares were set to drift lower with Dow futures down 0.3% to 26,236, while S&P 500 futures were also down 0.3% at 2,923.50.
Also boosting investor sentiments were comments from China that the two sides held discussions on trade overnight and would talk again in the next two weeks. On Tuesday, the Office of the U.S. Trade Representative said it would delay the tariffs on some products, including popular consumer goods, until Dec. 15. A few other products were removed altogether, including certain types of fish and baby seats."Markets are responding with muted relief to the latest round in the trade saga but nothing has really changed," said Robert Carnell, chief economist head of research, Asia-Pacific, at ING.
Factory output rose 4.8% over a year earlier, a marked decline from June's 6.3%. Retail sales growth slowed to 7.6% from the previous month's 9.8%. Investment in real estate and other fixed assets also weakened.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Affairs says at least 12 Canadians are in Jammu and KashmirThe federal government has issued travel advisories cautioning Canadians to 'avoid all travel’ to Jammu and Kashmir, as well as to the Pakistan-controlled parts of the region, Azad Kashmir and Gilgit-Baltistan Speak up Canada against the terror unleashed by the Indian government in Kashmir Don’t worry they must be safe under Indian Gov . DrSJaishankar please kindly look these matter. I am sure Modi is using his mind control superpowers to reassure them
Source: globeandmail - 🏆 5. / 92 Read more »
Yuan at right level, disorderly capital flows unlikely, People’s Bank of China official saysChina’s foreign exchange reserves fell by $15.54 billion in July to $3.104 trillion, central bank data showed, amid rising trade tensions globebusiness So get ready for a disorderly yuan devaluation then
Source: globeandmail - 🏆 5. / 92 Read more »
Opinion: China names its bogeyman in Hong Kong: Black hands and foreign forcesBeijing has laid the blame for massive protests in Hong Kong - not so subtly - at the feet of the United States
Source: globeandmail - 🏆 5. / 92 Read more »
Possible U.S.-China trade deal could block Canadian agri-ports, worrying farmersCanadian exports of beef, pork, canola and soybeans have largely been locked out of the massive Chinese market following the December arrest of Huawei executive Meng Wanzhou TrudeauMustGo Canada needs to plan for the future without any type of trade with China. If China comes around to our WAY of thinking, trading with them would be a bonus than but on our terms not theirs. Yes, but we'll have that warm, fuzzy feeling of US 'friendship', knowing that we lived up to the terms of our extradition treaty with the US, supporting US hegemony, while the Americans steal our market share in canola, pork, and other agricultural products. Imbeciles. cdnpoli
Source: nationalpost - 🏆 10. / 80 Read more »
U.S. senator warns of trade repercussions if China cracks down on Hong Kong protestsBen Cardin said Hong Kong could lose the special trade status it has enjoyed under U.S. law if Beijing intervenes directly globebusiness USA our buttress against tyranny! globebusiness Where are the world leaders! globebusiness You need China more than they need you
Source: globeandmail - 🏆 5. / 92 Read more »