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Markets Hope for Positive Signs From Trump Trade Speech

Reuters

   NEW YORK - U.S. President Donald Trump is scheduled to discuss the
   country's trade policy at the Economic Club of New York on Tuesday, and
   markets from frothy stocks to jittery bonds are likely to hang on every
   word.

   Trump's address at noon at the club, which has hosted U.S. presidents
   including Woodrow Wilson and John F. Kennedy, as well as foreign
   leaders like former Soviet President Mikhail Gorbachev and Chinese
   Premier Li Keqiang will be closely watched by investors anxious for any
   positive news about his administration's long-running trade war with
   China.

   "You can expect the president to highlight how his policies of lower
   taxes, deregulation, and fair and reciprocal trade have supported the
   longest economic recovery in U.S. history with record low unemployment,
   rising wages, and soaring consumer confidence," White House spokesman
   Judd Deere said. He declined to give further details.
   

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