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• Prior was 46.3

This article was written by Adam Button at www.forexlive.com.

Ricks said reshoring manufacturing capacity for older essential medicines is “a valid thing,” adding that Eli Lilly is “happy to help.”

Charlie Rudkin-Wilson’s homeware designs are for sale at luxury retailer Fortnum & Mason and have been featured in the likes of Vogue magazine.

Initial unemployment claims posted an unexpected increase last week in a potential trouble sign for the wobbling U.S. economy.

President Donald Trump has held up tariffs as a key tool in trade negotiations, but some analysts warn the duties are hurting business and the overall economy.

This was an interesting tease from Hassett on tariff deals:

If you’d like the person in the middle of all that is Jamieson Greer and Howard Lutnick outside of China. And I’m sure they’re happy to talk to you about it; I’m sure there will be news by the end of the day.

CNBC: So you don’t know who is first or what is in the air?

Hassett: I think I know but I can’t tease

CNBC: You do think you know?

Hassett: I do think I know.

I expect this will be an announcement of a deal with India, where there are mounting signs of a deal. The contours of that will be key, particularly if the US is will to lower its tariff floor below 10%.

This article was written by Adam Button at www.forexlive.com.

This is it? Are they going to unveil the first trade deal or at least the details?

If that’s the case, make sure to follow the news until the US market close as that would be HUGE for the markets.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

• Prior was 241K
• Continuing claims 1.916m vs 1.864m exp

Note that all the claims appeared to be from New York State, which argues this was a quirk rather than a troubling turn in the jobs market.

h/t @zerohedge

This article was written by Adam Button at www.forexlive.com.

• Hopeful for progress with China on trade.
• We are very close to making progress with China.
• Have hard offers from more than 20 countries.
• Trump doesn’t support a tax increase on the wealthy.
• Asked about tariffs: I think you’ll see news by the end of the day.

There’s been lots of de-escalating comments in the recent days with China and we even got the news of the US reaching to China for tariff talks (even though we haven’t got any official statement). It’s clear that they can’t go on with this trade war for too long as the economic damage would be big for both of them.

This article was written by Giuseppe Dellamotta at www.forexlive.com.