- US President Trump said US-China trade talks are going « really well ». A decision can be expected in the next few weeks. Trump and Chinese President Xi will not meet this month. Markets have priced in a deal and are unlikely to react.
- North Korean President Kim is to make a statement on resuming nuclear testing
- The EU-UK divorce continues. Of course it does. Parliament voted to delay exit. A second referendum was defeated by a large majority, with the opposition Labour Party abstaining.
- Eurozone CPI is due. This is not likely to be a focus – with a broadly stable set of data expected.
- Car registration numbers might be worth a glance, as January’s German industrial weakness was focused on the auto sector.
- US industrial and manufacturing production is due. The US was not the driver of last year’s manufacturing weakness, but the uncertainties of trade taxes make this a number to look at.
- Meanwhile, Chinese Premier Li was reiterating « employment first » and stimulus for all in remarks at the end of the National People’s Congress.
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- Ralentisssement dans l’industrie US, baisse du rdt du 10 ans
Reuters] Asian stocks up as Sino-U.S. trade talks in focus, dollar supported
[AP] Premier: China needs ‘strong measures’ to support economy
[Bloomberg] China Growth Mystery Scares Global Economy in Weakest Shape in Years
[Bloomberg] Junk Debt Investors Win Few Breaks on ‘Worst Ever’ Covenants
[Bloomberg] Hong Kong Seen Spending Billions More to Defend Currency Peg
[Reuters] Premier Li says China opposes Taiwan independence
[Reuters] North Korea considering suspending nuclear talks with U.S.: TASS
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