Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
U.S. stock index futures pointed to a sharply higher open Wednesday, as investors prepared themselves for the latest cluster of corporate earnings ahead of a decision by the U.S. central bank.
Dow Jones industrial average futures rose 126 points, while S&P 500 and Nasdaq 100 futures advanced 10 points and 29 points, respectively.
Futures took their cue from overseas equity markets, which also traded higher. The Stoxx 600 index, which is composed of a broad swath of European stocks, rose 0.6 percent. In Asia, the Japanese Nikkei 225 rose 1.9 percent.
While a meeting by the U.S. Federal Reserve is expected to be on the minds of investors, a whole host of major brands are also set to publish their latest earnings during the day.
On the data front, the U.S. private sector added 235,000 jobs in October, according to a report from ADP and Moody's. Economists polled by Reuters expected a gain of 200,000 jobs.
US manufacturing PMI is expected at 9:45 a.m. ET; and, at 10 a.m. ET, the manufacturing ISM report on business and construction spending data are due.
On the central bank front, the U.S. Federal Open Market Committee is due to kick-start the second and final day of its regular monetary policy meeting. Investors will be looking out for the FOMC's announcement at 2 p.m. ET, which will include an interest rate decision and commentary on the state of the U.S. economy.
Speaking of the Fed, President Donald Trump is expected to announce his pick for the next chair of the central bank Thursday. While there are five key candidates for the role, Fed Governor Jerome Powell has been the recent favorite.
Finally in commodities news, oil prices extended gains in early trade after fresh data revealed that oil cartel OPEC had improved its level of compliance considerably. At 8:19 a.m. ET, U.S. crude was trading around $54.98, while Brent hovered around $61.50 per barrel.