Despite the fact that the United States celebrated Labor Day, American stock indices rose. Asian indices show mixed dynamics in view of the expectation of new US tariffs on Chinese goods. Also of concern are the talks between the US and Canada on the revision of the North American Free Trade Agreement.
Argentina and Turkey are trying to maintain their national currencies after the largest inflation since 2003 by reducing costs and increasing taxes.
At the recently held China-Africa cooperation forum, President Xi Jinping announced an assistance program and that the payments for loans this year will be postponed for a number of poor countries.
This Thursday Donald Trump might approve additional tariffs on Chinese goods and the markets are currently in anticipation.
