Arab Press

بالشعب و للشعب
Friday, Jun 20, 2025

Three before you leave - What to watch for Friday including trade talks and consumer data

Three before you leave - What to watch for Friday including trade talks and consumer data

Day two of the U.S.-China trade talks now includes a key meeting between President Donald Trump and Chinese Vice Premier Liu He.

Here are the most important things to know about Friday before you hit the door.

1. Trade deal or no deal?

Day two of the U.S.-China trade talks now includes a key meeting between President Donald Trump and Chinese Vice Premier Liu He. Traders cheered the announcement by Trump on Thursday as past meetings between Liu and Trump this year have yielded positive progress on trade, including a delay in tariffs and agriculture buying.

Liu told Chinese state-run media agency Xinhua that China carries “great sincerity” for the talks. Multiple reports suggest the U.S. is thinking about suspending a tariff increase scheduled for next week in exchange for a currency pact, a partial deal the U.S. and China were close to agreeing on in previous talks.

For investors reading the tea leaves of every trade headline, there are some stocks as the true “tell” on whether talks are making any progress.

2. Consumer sentiment falling?
The preliminary reading for October consumer sentiment from the University of Michigan comes out on Friday. Economists surveyed by Dow Jones expect sentiment to fall to 92 from 93.2 at the end of September.

U.S. consumers are getting increasingly anxious about the trade war with China. The last survey showeda near-record number of consumers citing trade policies as a negative factor weighing on the economy.

3.What’s Saudi Aramco worth?
Saudi Arabia’s crown jewel Saudi Aramco, the world’s most profitable oil company, is aiming to go public by late November. The company could get a final recommendation on the valuation from its investment banks on Friday, The Wall Street Journal reported.

Crown Prince Mohammed bin Salman has pushed for a valuation of as much as $2 trillion, but the Journal reported the headline number is expected to fall well below that. The offering had been delayed from its original launch date in 2018 over valuation concerns and venue for the international listing.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Saudi Arabia Faces Uncertainty Over Succession After Mohammed bin Salman
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Majority of French Voters View Macron's Presidency as a Failure
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
Businessman Mauled by Lion at Luxury Namibian Lodge
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
×