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Trade relief; Chinese bull market; Huawei on tour



Trump said on Twitter on Sunday that "trade negotiations have made" significant progress. " China's state-owned news agency Xinhua said the Chinese delegation reported "substantial progress on specific issues."

"Was the delay a big surprise? Not really, but it's the news the market wants to hear," said Societe Generale strategist Cat Jux.

Trump said he would meet with Chinese President Xi Jinping "to conclude an agreement" if the talks continue.

Outstanding figures were in China, where the benchmark Shanghai Composite jumped 5.6% and went to the bull market. It was the largest daily interest rate since July 201
5, reports Reuters.

Comments and comments from Trend Xi on the financial sector of the country cheered Chinese investors. During the weekend, Ci said that China should strengthen its financial sector's ability to serve the real economy.

This includes the "need to create a standard, transparent, open, dynamic, and sustainable capital market" according to the Xinhua Report

2. The largest show in mobile technology: In Barcelona, ​​there is Mobile World Congress, and the company goes out a big company – Huawei in China.

She picked up light on Sunday, having opened a sophisticated 5G device with an attractive price. The cheapest Mate X version that has to compete with Samsung's recently announced Galaxy Fold is $ 2,600.

Devices are clearly innovative, but it can be a time before consumers can take advantage of their features.

"No matter how innovative and advanced technology is the new device, much more time is needed for the critical mass of consumers to feel the benefits of sophisticated phones and 5G technology," said Forrester analyst Thomas Husson. Business CNN.

Huawei's confrontation with the United States is also likely to be in many talks this week about the future of wireless technology. Huawei is an important part of China's efforts to develop ultra-fast 5G networks, but they have been called the threat of national security by the United States, which lobbying other countries not to use its equipment.

"This is not something that policy must solve," said Huawei's head Guo Ping on Sunday in Barcelona. The company has repeatedly denied that its products are a security threat.

Guo said he hopes that "independent sovereign states" will take "independent decisions based on their own understanding of the situation and not just listen to someone else's order."

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3. Revenue and Economics: This is a relatively quiet day for earnings. [19459019] [19459019] ( ETSY ) and Shake Shack ( SHAK ) will release their latest messages after closing the call.
4. This week:
Tuesday – Home Depot ( HD ) Macy's ( M ) Papa John [196459016] ( PZZA ) and JM Smucker ( SJM ) earnings, Powell poses before the Bank Committee of the Senate
Wednesday – Lowe ( LOW ) Best Buy [19599009] and Campbell Soup ( CPB ) earnings Powell is in front of the Financial Services Committee
Thursday – GDP Report, JCPenney ( PG & E [ ] PCG ) Gap ( GPS ) [19659022] Nordstrom
( JWN ) and Anheuser-Busch ( BUD ) earnings
Marriott ([19459011MAR] ) earnings

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