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The United States is also seeking the extradition from Canada of Meng Wanzhou, Huawei’s chief financial officer and the daughter of its founder, after charging her with bank and wire fraud. A senior U.S what color cufflinks with blue suit. cyber official said on Tuesday that European governments were listening to the U.S. message that Huawei exposes telecommunications networks to security risks. No evidence of the securities risks have been presented publicly even as scrutiny on Huawei has intensified and the company has denied Beijing could use its technology for spying..
NEW YORK (Reuters) – Global equities markets fell on Thursday as weak Chinese economic data and mixed messages on the progress of trade talks between China and the United States weighed on investor sentiment. Earlier, news of the collapse of the summit between U.S what color cufflinks with blue suit. President Donald Trump and North Korean leader Kim Jong Un on denuclearization triggered flight-to-quality bids in lower-risk assets such as the Swiss franc. Data showed that Chinese factory activity contracted to a three-year low and China’s export orders fell at their fastest pace since the global financial crisis a decade ago, adding to ongoing worries about a slowdown in the Chinese economy and its impact on global markets..
“There’s been a lot of stimulus measures in China, and it’s still not showing up in the numbers as soon as people would like,” said Keith Lerner, chief market strategist at SunTrust Advisory Services in Atlanta. Receding optimism on the U.S.-China trade talks also dampened sentiment. U.S. Trade Representative Robert Lighthizer said his office was taking legal steps to implement Trump’s announcement on Sunday to delay a tariff increase on more than $200 billion worth of Chinese goods that had been scheduled to take effect on Friday. But Lighthizer’s office later issued a statement saying that it was not abandoning the threat of increasing the tariffs to 25 percent from 10 percent what color cufflinks with blue suit.
On Wall Street, data showing better-than-expected U.S. economic growth in the fourth quarter helped offset worries over China. Gross domestic product rose 2.9 percent for the year, just shy of the 3 percent goal set by the Trump administration. “The numbers came out in a pretty robust way,” said Mona Mahajan, U.S. investment strategist at Allianz Global Investors in New York what color cufflinks with blue suit. “There hasn’t been much reaction because of the geopolitical uncertainty in the headlines.”..
The U.S. economic data also prompted a rise in Treasury yields and a retreat in gold prices. Benchmark 10-year U.S. Treasury notes last fell 8/32 in price to yield 2.7222 percent, from 2.693 percent late on Wednesday what color cufflinks with blue suit. Spot gold dropped 0.5 percent to $1,313.20 an ounce. Global equities scaled a four-month high earlier this week, helped by upbeat expectations about the U.S.-China trade talks. But on Thursday, the MSCI All-Country World Index dropped 0.4 percent to notch a third day of losses, albeit modest ones..