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"Even if both leaders decide to resume negotiations, there is too many bridges to be b "said ING in a Friday note." We believe that this will result in another round of US tariffs being put in place this quarter to raise the pressure, China will take revenge. the two sides will experience the growing negative effects of the trade war for the remainder of this year, they will be ready to make concessions and finally reach an agreement. "
While the deal may not happen right away, the Trump and trigger further optimism, and markets will continue AT upward trajectory at least for the nearest, according to Capital Economics.
"While we think that the dispute with China will eventually escalate, the next week's meeting may end with an exchange of warm words and an agreement to resume negotiations, possibly sending the stock market even higher," said the research company on Friday. "Trump and Si will agree on a temporary ceasefire, but we still think it's more likely than not that the tariffs will ultimately be imposed on all Chinese imports." at the G-20 summit
Meanwhile at 1 pm ET on Tuesday, Fed Chairman Jerome Powell will speak in New York. He will discuss economic prospects and monetary policy.
"We are expecting little in terms of new Powell's information, but it can expand the way the central external" cross-currents "are for the risk committee's outlook
Revenue Calendar this week remains mild , but the economic factor FedEx, Nike shoe giant and Micron chip maker will produce quarterly results
Monday: Chicago National Activity Index May (Expected 0.10, -0.45) Dallas Fed Production Activity June (1.0 expected, -5.3 before)
В Pond: FHFA house price index month-month April (0.1% previously) Richmond Manufacturing Price Index June (7 expected, 5 before) Sales of new homes May (685,000 expected, 673,000 before ) Consumers Confidence in the June Conference (expected 132.0, 134.1 before)
Wednesday: MBA Mortgage Applications, Week Ended June 21 (-3.4% Previous); Gross Inventory for May, May %); Orders for durables, May (expected -0.1%, previous -2.1%); Long-term use without transport, May (expected 0.3%, 0.0% before)
Thursday: GDP Quarterly Q1 (expected 3.2%, 3.1% previously); Personal consumption, Q1 (1.3% previously); GDP Price Index Q1 (Expected 0.8%, Previous 0.8%); Core PCE Quarter, Q1 (1.0% previously); Initial unemployment claims, week ended June 22; Continued claims, week ending June 15; Bloomberg Consumer Comfort, a week ending June 23; Forthcoming house sales on a May basis (expected 1.0%, -1.5% before)
Friday: Personal Income May (expected 0.3%, 0.5% before); Personal expenses, May (expected 0.4%, 0.3%); MNI Chicago PMI, June (54.3 expected, 54.2 ago);
Monday: N / A
Mb (1.0em) Mb (0) – sm Mt Tuesday, Lennar ( LEN ) before opening the market, FedEx ( FDX ) after the market was closed Tuesday-Lennar (LEN) before market opening; FedEx (FDX), Micron (MU) after market closure
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) "Wednesday, March 19, 2011 General Mills (19459024) GIS ) before market opening Rite Aid (19459025) RAD After market closure data-reactid = (GIS) before opening the market; Rat Aid (RAD) after market closure
<p class = "canvas-atom canvas-text Mb (1.0e) Mb (0) Thursday: ConAgra ( CAG ), Walgreens Boots Alliance ( WBA ) before market opening, Nike NKE 36 "> Thursday: ConAgra (CAG), Walgreens Boots Alliance (WBA) before opening the market; Nike (NKE) after market closure
<p class = "canvas-atom canvas-text Mb (1.0e) Mb (0) – sm Mt : Constellation marks (STZ) before market closure
<p class = "canvas-atom canvas- Mb (0) – sm Mt (0.8e) – sm "type =" text "content =" – " ]] <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) 19659020] "19659017]" Heidi Chun is a reporter at Yahoo Finance. Follow it on Twitter: @heidi_chung . Flipboard Click to enlarge [LinkedIn and reddit . "data-reactid =" 40 "> Instagram Flipboard LinkedIn and reddit . p-class = "canvas-atom canvas-text Mb (1.0e) Mb (0) – sm Mt (0.8e) Repetid = "41"> More from Heidi:
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Taco Bell Tests Plant Protein Hears its IPO at $ 22 per share, rising slightly over $ 1 billion "data-reactid =" 43 Chewy priced IPO at $ 22 per share, rising slightly over $ 1 billion
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