Events Impacting Markets: Trade Talks, Government Shutdown, and Economic Data Awaited

Recent developments suggest a positive turn in the long-standing trade tensions between the US and China. President Trump is set to meet with China’s Vice Premier, instilling hopes that the threatened 100% tariffs might not materialize. Additionally, the possibility of a meeting with President Xi further fuels optimism, adding to the market expectations. Amidst the trade talks, the US faces a prolonged government shutdown, now at an unprecedented 20 days. This impasse hampers the regular flow of vital economic data and delays key releases. On the economic front, investors await the postponed CPI data release for September this week. Projections…