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Trump and Xi meet at the White House: What traders should watch

President Donald Trump is hosting Chinese President Xi Jinping at the White House during Xi’s three-day U.S. state visit. The leaders are expected to discuss trade, technology, Taiwan and the war with Iran. No outcome from today’s talks should be assumed yet. Trade starts from a better position than it did a day ago. Treasury Secretary Scott Bessent said Wednesday that the U.S. and China had…

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US new-home sales for the month of August 0.684 million versus 0.615 million estimate

Prior month 0.643 million revised from 0.607 million August new home sales beat expectations, according to figures released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. The July revision also changes the picture: the 6.4% August gain is measured from 643,000, rather than the 607,000 initially reported for July. August details compared with July: Homes for…

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