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US-China Trade Talks Enter into Final Stage | German Factory Orders Slide

Published April 4, 2019

• US President Donald Trump will meet Chinese Vice Premier Liu He at the White House today, as Beijing and Washington draw closer to a new deal on trade. If an agreement is not reached this week, the two countries could opt to extend negotiations, potentially until the G20 summit in Japan at the end of June.
• German manufacturing orders fell at their fastest pace in two years in February, a new warning sign over the health of the Eurozone’s largest economy. New factory orders fell 4.2% from the previous month as foreign orders slumped, the biggest fall since January 2017.
• British Prime Minister Theresa May has met opposition leader Jeremy Corbyn in an attempt to break the impasse over Brexit. Earlier British members of parliament have voted by a majority of one to force the prime minister to seek to delay Brexit further, to prevent the UK from leaving the EU without a deal.
• Minneapolis Federal Reserve Bank President Neel Kashkari, most consistent opponents of interest-rate increases, said that US central bank is in the right place and it is not the appropriate time for the central bank to cut borrowing costs.