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ALEC YOUNG, MANAGING DIRECTOR OF GLOBAL MARKETS RESEARCH, FTSE RUSSELL IN NEW YORK. “Stocks are rallying on the back of a last-minute deal Sunday that allows Canada to join the revised NAFTA Trade deal agreed to by the US and Mexico in late August. Despite all the handwringing over trade, the bark is proving far worse than the bite for U.S. stocks. “Although the trade outlook with China remains uncertain, overall trade uncertainty has been receding for months helping propel stocks to record highs. And even when it comes to China many investors are betting there’s room for a market friendly compromise after the U.S. midterm elections in early November when the Chinese will have an incentive to deal to avoid the 25 percent tariff rate that kicks in on $200 billion in Chinese exports on January 1, 2019. That rate is currently only 10 percent. International stocks have even more to gain from trade breakthroughs than their U.S. counterparts because they have been held back too far by trade worries due to their economies’ increased sensitivity to trade.”.

WASHINGTON (Reuters) - Ford Motor Co (F.N) said Monday it is “very encouraged” by an announcement of a revised free trade deal reached late Sunday between the United States, Canada and Mexico — an agreement likely to remove significant uncertainty cufflinks for sale from automakers who feared a collapse of trading rules, “We stand ready to be a collaborative partner to ensure this agreement is ratified in all three markets because it will support an integrated, globally competitive automotive business in North America,” said Joe Hinrichs, executive vice president and president of Ford’s global operations, “The benefits of scale and global reach will help to drive volume and support manufacturing jobs.”..

BENGALURU/TOKYO (Reuters) - Growth in factory activity slowed across Europe and Asia in September, with export orders weakening before the latest escalation in the U.S.-China trade conflict, but was little changed in the Americas. Some of the gloom will be offset by news that the United States and Canada clinched a deal on Sunday to salvage the North American Free Trade Agreement, removing one near-term risk to the global outlook. But with neither Beijing nor Washington ready to compromise on import tariffs, world economic growth may be slowing.

Manufacturing growth in the euro zone slowed to a two-year low at the end of the third quarter, according to the latest IHS cufflinks for sale Markit purchasing managers’ indices, “Overall, the picture remains for a less buoyant manufacturing sector in Q3, with not very strong signs yet of a better outlook for the end of the year,” noted Nicola Nobile, a senior economist at Oxford Economics, “A slowdown in world trade and continuing concerns about the escalation of trade tensions between the U.S, and China continue to weigh on manufacturing sentiment.”..

German manufacturing growth slowed to just over a two-year low in September, grew at the slowest pace in three months in France and stagnated in Italy, marking the first time in two years of no expansion. Weaker export order growth was a common explanation for the slowdown across the euro zone. And while British factory activity perked up unexpectedly in September, halting a three-month run of slowing growth, the bigger picture was subdued performance, just six months before the UK is scheduled to leave the European Union.

Two manufacturing surveys from China on Sunday pointed to weakening in its vast manufacturing sector, A private poll showed factory growth stalled after 15 months of expansion, while an official gauge confirmed manufacturing was losing steam under the weight of shrinking export orders, The first major readings cufflinks for sale on China for September suggest the world’s second-largest economy is continuing to lose momentum as domestic demand weakens and U.S, tariffs bite, The combination is likely to prompt Beijing to roll out more growth-support measures in coming months..

However, analysts do not expect additional stimulus to start stabilizing China’s economy until at least early next year. Elsewhere in Asia, manufacturing also faltered in Vietnam, Taiwan and Indonesia last month, with Taiwan’s factories expanding at the slowest pace in more than two years on sluggish export orders, business surveys showed on Monday. Major economies like Japan and South Korea saw headline activity readings hold up, but also suffered declines in export orders, suggesting that increasing protectionism and concerns of slowing Chinese demand were weighing on Asia’s biggest economies.

“Global growth is now cooling, which we think is weighing on foreign demand for Chinese goods irrespective of tariffs,” Capital Economics said in a note to clients, India was among the few bright spots in Asia, Its factory activity expanded more quickly in September on strong domestic and export order growth, a welcome sign as policymakers worry about a sharp drop in the rupee and fallout from global trade frictions, While rising protectionism is expected to deal the world economy a relatively cufflinks for sale modest blow this year, analysts expect risks will intensify in 2019 as tougher U.S, tariffs kick in and global borrowing costs rise..



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