Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
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American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
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The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
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Gold prices have brighter days ahead, Brian Kelly of Brian Kelly Capital said Friday.
"The reason why I say that is I think you're going to have continued quantitative easing," he said. "You saw it happen in the gold market. The rhetoric is shifting here from the Federal Reserve. They are starting to focus more on inflation."
(Read more: Stocks snap 3-week win streak as DC worries weigh)
On CNBC's "Fast Money, " Kelly noted that consumer confidence had slipped to its lowest point in five months.
"So, I think going into the fourth quarter, the best play here is going to be gold," he said.
(Read more: Economic nail-biter hammers US consumer sentiment)
EmergingMoney.com's Tim Seymour saw it differently.
"The trade for me is: You stay in the re-acceleration in some type of an industrial move," he said.
Seymour also pointed to positive economic data out of China, as well as the Bank of England's announcement that it would not provide additional financial stimulus.
(Read more: Crowded shorts: Which one is a 'buy'?)
"This is a sign to me that real names that show real growth are places you can stay in this trade," he said.
One area that may have topped, he added, was Chinese internet names.
Trader disclosure: On Sept. 27, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Steve Grasso is long MSFT; Steve Grasso is long BA; Steve Grasso is long BAC; Steve Grasso is long GDX; Steve Grasso is long GOOG; Steve Grasso is long HPQ; Steve Grasso is long MHY; Steve Grasso is long LNG; Steve Grasso is long MJNA; Steve Grasso is long NVIV; Steve Grasso is long PFE; Steve Grasso is long QCOM; Steve Grasso is long S; Steve Grasso is long ASTM; Steve Grasso is long POT; Steve Grasso is long DECK; Steve Grasso is long DHI; Steve Grasso is long EEM; Steve Grasso is long TSLA; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long MSFT; Guy Adami is long AGU; Guy Adami is long NUE; Guy Adami is long BTU; Guy Adami's wife, Linda Snow, works at Merck; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long SBUX; Tim Seymour is long F; Brian Kelly is long treasury ; Brian Kelly is long natural gas.