China Talks Wrap Up

Pump jacks operate at sunset in an oil field in Midland Texas

China plans to set a lower economic growth target of 6-6.5 percent in 2019 compared with last year's target of "around" 6.5 percent, policy sources told Reuters, as Beijing gears up to cope with higher usa tariffs and weakening domestic demand.

The Stock Exchange of Thailand was down slightly in Thursday afternoon trading as Asian markets delivered mixed results Thursday following the end of three days of trade talks between the US and Chinese without significant breakthroughs.

WALL STREET: Stocks rose for the fourth consecutive session after American and Chinese negotiators extended their talks to a third day.

Wall Street ended little changed on Friday, taking a breather following a five-day winning streak, while the dollar rebounded against most currencies from earlier losses tied to expectations the USA central bank is in no hurry to raise interest rates. Investors are hopeful that more and higher-level negotiations will follow.

Crude futures sank along with the ebbing energy sector in the 11 primary S&P 500 sectors, which led the laggards with around 0.58 percent fall.

Sarri: Chelsea need to improve 'mentally and technically' despite win over Newcastle
Willian should have restored Chelsea's lead moments later, but the winger prodded nervously wide after being put through on goal. A very important player, like Pedro . [Hudson-Odoi] is becoming for us a really important player.

Gold prices rose on Wednesday, with spot gold XAU= rising 0.49 percent to $1,291.2 per ounce. The Dow Jones Industrial Average added 0.5 percent to 24,001.92 and the Nasdaq composite was up 0.4 percent at 6,986.07. He echoed the tone of other Fed officials who were present at a meeting last month.

Tightened supply following OPEC-led crude production cuts aided earlier 1 percent increases for both oil benchmarks, but concerns about the global economy kept markets in check. Minutes of the meeting, which were released a day earlier, showed the officials believed that the central bank could afford to be "patient" with rate hikes, given volatile stock markets, trade tensions and shaky global growth. The talks come after President Donald Trump and Chinese leader Xi Jinping met and agreed to hold off on more tariffs for 90 days, on the sidelines of the G-20 summit in Argentina last month.

"Sentiment is greatly improved, and trade talk optimism has helped boost risk appetite", Jasper Lawler, head of research at London Capital Group, said in a note. Slowing inflation raises doubts about the health of the world's second largest economy. It surged 5.2 percent to $52.36 per barrel on Wednesday. The market gained 512.56 points or 3.55 per cent for the week, its best run since October 2015. It added another 23 cents to $52.59 per barrel on Thursday.

CURRENCIES: The dollar weakened to 108.26 yen from 108.43 yen late Thursday.

Data released by the Energy Information Administration on Wednesday showed US crude oil stockpiles fell by 1.7 million barrels in the week to January 4, compared with analysts' expectations for a decrease of 2.8 million barrel. The euro rose to $1.1527 from $1.1501.

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