Market News Today 2019-02-15
2019-2-15 13:06 | By : Mex Group News
- The U.S. dollar was weaker Thursday in a volatile session that was marked by a round of weaker-than-expected economic data that briefly overshadowed optimism over U.S.-China trade talks.
- Eurozone GDP was in line with expectations for the final quarter of last year, growing 0.2% on the quarter at 1.2% on the year.
- Prime Minister Theresa May has suffered a fresh defeat in a Commons vote on her Brexit strategy by 303 to 258.
- President Donald Trump will sign compromise spending legislation that would avert another government shutdown and declare a national emergency to get more money for a border wall from other parts of the federal budget.
- China has posted a surprise jump in exports, suggesting its economy could be holding up better than expected as it tries to negotiate an end to the trade war with the United States.
- The U.S. and China have made little progress so far during trade talks in Beijing, leaving much work to be done before President Donald Trump and his counterpart Xi Jinping look to seal a deal at a yet-to-be scheduled summit, according to people familiar with discussions, Bloomberg reported.
- Oil ended higher Thursday as traders weighed potential outcomes for U.S.-China trade talks, which are likely to have a direct impact on demand for energy.
- Stocks finished mixed on Thursday as tech stocks gained and the broader market was pushed and pulled by weak economic data and the prospect of the U.S. government avoiding another shutdown.