Talks between officials in New York come ahead of summit between Donald Trump and Xi Jinping later in the week
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Stock markets in Asia have risen led by technology shares, lifted by optimism around talks between the US and China on trade and artificial intelligence, while oil prices declined.
2030 is not going to be the end of the world. There is 0% chance that’s going to be the end of the world.
Scaring people is unnecessary. It is irresponsible.
Scott Bessent and Chinese vice premier He Lifeng have already laid the groundwork [for the Trump-Xi meeting] in New York, with trade, investment and artificial intelligence on the table, but this is not a market waiting for a grand bargain.
It is waiting to see whether both sides can keep the next trade grenade in the drawer.
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1.30pm BST: US Chicago Fed National Activity Index for August
2.10pm BST: IMF managing director Kristalina Georgieva speaks at the IMF Legal Department 80th anniversary conference in Washington
