The following information from the finishing line holding up release)
in September retail sales data significantly less than expected, declining slightly wounded 7
US retail sales in September were down 0.3%, the expected growth of 0.3%, the former value of 0.4%, falling slightly wounded 7 . Organization Comments: US September Retail Sales fell mainly due to the family in the car, building materials, hobbies and online shopping spending decreased. The first decline in US retail sales rate in September was recorded in seven months, the manufacturing sector will lead to market concerns about economic weakness, the data might push up on the sphere of influence will spread to the nation's concern over the continued pressure on the Fed to cut interest rates this month . With the slowdown in consumer spending, trade uncertainty still exists, disorderly off Europe not scattered clouds, economists expect the Fed to cut interest rates to sustain economic expansion in October.
Trump private lawyer refused to cooperate impeachment investigation
Trump private lawyer Giuliani refused to hand over relevant documents in accordance with the House Committee on Trump impeachment investigation summons issued. Giuliani said the impeachment investigation "substandard hair" and "violation of the constitution issue," House Intelligence Committee, headed refusal to hand over documents democrats, there is the risk of contempt of Congress. Giuliani's lawyer Russell in a letter to Congress said the subpoena "reckless, undue burden, and seek to go beyond the scope of legal documents."
US antitrust investigation the latest progress: Apple and other technology giants have been handed over data
House Judiciary Committee person in charge said on Tuesday they have received Facebook, Google, Amazon and Apple and other companies sent the data to assist in anti-monopoly investigation.
Huawei: third quarter smartphone shipments hit a new high single-season
ended the third quarter of 2019, Huawei's sales revenue of 610.8 billion yuan, an increase of 24.4%; net profit margin of 8.7%. Huawei-quarter smartphone shipments of 70 million units, the highest single-quarter shipments of the new company high shipments in the first three quarters of more than 185 million units, up 26%. To date, Huawei has been the world's leading operators and more than 60 5G signed a commercial contract, more than 400,000 5G Massive MIMO AAU sent around the world.
US Treasury Secretary position! Sino-US agreement will be finalized next month! Should not the United States will raise taxes?
On Friday (11 May), the Sino-US bilateral economic and trade ending 13 high-level consultations, the two sides reached the first stage of economic and trade agreements. The preliminary agreement covering agriculture, intellectual property protection and currency section, the two sides lasted 15 months, the biggest step to take the economic and trade disputes to resolve, but many details have not been finalized.
Trump excited! China will buy $ 50 billion of agricultural products? US media: China conditionally
last week, the 13th round of Sino-US economic and trade high-level consultations have been concluded, and now, the two sides again came new progress. Trump announced last week, the Sino-US negotiations to achieve a breakthrough, both sides reached a very substantial first phase of the agreement, while the United States had suspended this week is expected to raise $ 250 billion of tariffs on goods.
(Hold up online Morning 10.17)
