The Sino-US trade talk is set to resume in Washington on Thursday. This could pave the way for high-level discussions in October that could resolve the acrimonious trade war. But don’t hold your breath.
It looks like being a very (dis)united nations when heads of state convene for the 74th UN General Assembly. There are likely to be clashes over climate change, Iran and trade.
Meanwhile, speeches from some key players in the US Federal Reserve could provide a bit more clarity on the central bank’s decision to cut interest rates this month. It is unclear whether the rate-setting committee will cut interest rates again this year.
China will report some key purchasing-managers’ indices for September that could provide additional clues on the health of its economy. The manufacturing sector has been flirting with contraction, whilst the non-manufacturing sector still appears to be expanding.
Similar flash indices for the European Union could indicate much of the same. The economic bloc’s manufacturing sector has been struggling to expand, whilst the services sector has been expanding.
Staying in Europe, which is something that the UK prime minister doesn’t want to do, the ECB head, Mario Draghi, will proved a statement before the Committee on Economic and Monetary Affairs of the European Parliament.
Japan will report retail sales for August. In July, they slipped 2.3% month on month, which led to a year-on-year decline of 2%.
Malaysia will report inflation numbers for August. In July, the annual inflation rate edged down 1.4%. from a 13-month high of 1.3% the previous month.
And finally, Singapore’s annual inflation rate for August is expected to come in at 0.5%. The Republic is also expected to say that industrial production contracted from a year ago, while bank lending should be robust.
The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.