Term. The chinese are saying that the precondition for the meeting, that the president agreed to, there would be no new tariffs added. President donald trump pushing back on that. Listen. You wont put anymore tariffs on . No, i have not promised that. Good question. No. Reporter seven hours ago the trade delegation for the chinese, the head of that delegation, the chinese vice premier, liu he, was seen going into the hotel where the u. S. Delegation is staying. The two delegations were scheduled to meet ahead of the meeting between President Trump and xi xinping. That first meeting would set up the second meeting. A lot of people are talking about it and it is very interesting and it will hopefully come out well for both countries. Ultimately it will work out. Reporter the chinese are expected to present to President Donald Trump exactly what they would like to have in a trade deal in order to go forward. President xi xinping reportedly will say all u. S. Tariffs have to be rolled back
Good morning and welcome to daybreak australia. I am paul allen in sydney. Annabelle i am annabelle dollars in hong kong. Shery the top stories this hour. A risk of open ahead as blakes u. S. Signals complicate the picture of the next fed move. Goldman sachs selling in a rate cut for the Second Quarter 2024. Chinas economy showing few signs of a rebound. Suspending trading monday on almost a dozen onshore bonds. Shery in winners erased the bulls closing in argentinas national elections. U. S. Futures coming on higher in the Asian Session after a very volatile friday session closed at a onemonth low for the s p 500. It was a really choppy trading session. Really close to the 50 Day Moving Average that could signal more losses. We are seeing more upside in the asian open for u. S. Futures after the nasdaq 100 notched its longest weekly losing streak this year already. Of course investors are really trying to digest the mixed economic picture with easing inflation worries and consumer in
Hundred 30, call 2027488000. Callen 3050 years old, 2027488001. Callu are over 50, 2027488002. You can reach us on social media, on twitter cspanwj and on facebook at facebook. Com cspan. Gallup on from americans attitude towards retirement shows that most americans plan to work beyond retirement age. Nearly two in three employed u. S. Adults, 62 say they plan to work past retirement but on a parttime basis. An additional 11 say they will work for time fulltime once they get retirement age. A quarter say they will stop working altogether. It says that, of those who will continue working but only fulltime, the majority plan to do so because they want to, not because they have to. The proportion of want to versus have to explanation has edged up slightly since 2013 with the percentage saying they want to keep working parttime has risen from 34 to 44 . Nonretirees desires to continue working from 9 will have to in 2013 to 5 today for the percentage of will have to work parttime will has d
The temperatures will drop in the lower 20s in the city. The wind chills are in sinkallal digits and teens. When you walk up, the air temperatures in the teens to 20 degrees in most areas. Wind chill is much lower than that. For kids that will be at the bus stop in the morning, sunshine, a breeze, temperatures averaging 22 degrees. Well check out the next ten days to see if there is any real sign of spring weather in a few minutes. Alison we look forward to that. Thank you. The snow is not the real threat to the Cherry Blossoms in the tidal basin. Its the bitter cold. Today the National Park service says it is inspecting the buds that have yet to blossom to see how bad the damage is. Richard reeve is along the tidal basin now. So this is really critical couple of few days ahead. Richard yeah, that is right. They are calling this widespread damage. Now take a lack at the blossoms here look at the blossoms here. They are fully exposed in the puffy white stage. They dont have the look at
Market has beet week, but no Research Shows its not. Acorying to s p, a compilation of oneyear target prices for the 30 members of the dow puts index at 2000 in just 12 months. Thats roughly 8 higher from current levels. Now, s p does say that this is based on analysts target, which tend to be optimistic, but there is some conss on which sectors will outperform. Dominic chu has part of the story. 401 k statements in a in for a surprise. Thats because there doesnt seem to be anything that can take this stock market down and were near record highs for all the major u. S. Indices. For some experts, the outlook pr were looking for earnings getting at least less bad and i think well tu president oba by the end of the year and lower for longer in terms of interest rates. Which ever way you cut it, that means higher prices in the long t doesnt mean that the entire market is is just going to start soaring hire theres market will lea the wa and which parts will fall behind. Many strategists bel