Markets Insights

US economic indicators set to play bigger role

All eyes will be on US corporate earnings reporting season and release of key data

Rolls of aluminium at a factory in Zouping in China's eastern Shandong province. Earlier this year, the US levied tariffs on steel and aluminium from China and elsewhere. With both countries appearing willing to re-enter into trade talks, attention w
Rolls of aluminium at a factory in Zouping in China's eastern Shandong province. Earlier this year, the US levied tariffs on steel and aluminium from China and elsewhere. With both countries appearing willing to re-enter into trade talks, attention will be focused on US economic indicators. PHOTO: AGENCE FRANCE-PRESSE
New: Gift this subscriber-only story to your friends and family

Concerns over trade tensions between the United States and China continue to haunt the stock markets, but US economic indicators are set to play a greater role this week.

IG market strategist Pan Jingyi said that while the latest move on tariffs by the Trump administration dominated headlines the past week, "the lack of follow-up from China's end appears to have placated markets".

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on July 16, 2018, with the headline US economic indicators set to play bigger role. Subscribe