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DAILY NEWS 11.10.20 19 - The US-China trade talks making progress


  1. Donald Trump is very well appreciated the results of the first day of talks with China
  2. Britain and the EU are trying to break the deadlock of negotiations on Brexit


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All major global indices are in positive territory against the backdrop of comments by Donald Trump on a very successful negotiations with China. Contrary to media reports the Chinese side did not narrow the list of issues to be discussed, which allowed parties to make substantial progress in solving the most pressing problems. The White House confirmed that the first day of talks surpassed their expectations. This kind of comments increase the likelihood of the conclusion of the exchange agreement between the two countries in the near future. Investors also are hoping for the abolition of US tariffs, which are scheduled for next week and December. That is expected today Donald Trump once again meet with the Deputy Prime Minister of China Liu He, after which the parties will continue negotiations.

The pair GBP / USD continues to be kept at 6-week high against the backdrop of positive news about Brexit. Following the talks, on Thursday Boris Johnson and Leo Varadkar reported that the parties may conclude a new agreement on Brexit before the end of this month. Varadkar said that together with his British counterpart, they have developed an action plan to address the problem of the Irish border. According to Sky News United Kingdom proposed a simplistic free trade agreement. Today the meeting of Minister of Great Britain is expected on Brexit Stephen Barkley and chief negotiator on EU Michel Barnier.


News, which you should pay attention today:

12:30 GMT. Canada: a report on the labor market   






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