Currency Intervention

Trump-Xi summit will not happen in March: Mnuchin

WASHINGTON (Reuters) – A summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin said on Thursday.

Central banks stuck in holding pattern

LONDON (Reuters) – A host of central banks meet next week, but with a global economic slowdown underway alongside political and trade strife, they are unlikely to tinker much, if at all, with policy.

U.S. manufacturing sector slowing as economy loses steam

WASHINGTON (Reuters) – U.S. manufacturing output fell for a second straight month in February and factory activity in New York state hit nearly a two-year low this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter.

Stocks gain on trade, Brexit optimism, dollar slides

NEW YORK (Reuters) – A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.