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4 May 2018

US, China officials reach consensus on some issues in trade talk - Xinhua

According to the latest news, flashing on the wires via Xinhua News Agency, the US and Chinese officials have been reported to have reached consensus on some areas of trade dispute.

Additional headlines:

• Still have relatively big disputes on some issues.
• Willing to maintain close communications on relevant issues.
• To resolve trade dispute via dialouge.
• Both parties willing to set up mechanism on relevant issues.
• US, China exchanged opinions on expanding US exports to China and bilateral services trade.
• Also exchanged opinions on solving tariffs and non-tariff measures.

The news followed the WSJ report, citing unnamed officials familiar with trade negotiations, that China wasn't happy with the US trade delegations' proposals and termed it as "unfair".

May 4, 2018

US NFP: Slowing of hiring? - Rabobank

Analysts at Rabobank suggest that in the US ISM non-manufacturing index, the trouble to attract new personnel saw the employment sub-index decline -3.

EUR futures: risks of further decline

In light of preliminary figures for EUR futures markets from CME Group, open interest rose by around 5.4K contracts on Thursday from Wednesday’s final