"Our own view is that the Chinese economy is slower than people generally think, but I think the world economy is probably slower than people think, so you put those two together and it is not surprising that the trade data was weaker than expected". -China trade talks. U.S. President Donald Trump on Wednesday said that trade talks with China were moving along well and predicted either a "good deal" or no deal.
US ambassador to China Terry Branstad told the Wall Street Journal that the two sides have yet to set a date for a summit as neither feels a deal is imminent.
Investors had been waiting for the jobs report to provide more clues on the state of the world's biggest economy and were surprised to learn US nonfarm payrolls increased by 20,000 last month, trailing estimates for a 180,000 increase.
"The poor number indicates that we are suffering alongside the rest of the global economy and that it is having an impact on the USA", said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. It has declined 1.5 per cent so far this week. Japan's Nikkei. closed 2 percent lower. The Dow suffered a loss for its eleventh straight session, the longest losing streak since April 1972, according to S&P Dow Jones Indicies.
The sentiment in Asian markets was negative on Friday morning before trading began, after Thursday saw European Central Bank (ECB) Chief Mario Draghi announce a U-turn on monetary easing, reflecting growing unease over European economic activity just months after the end of years of quantitative easing was announced.
The data knocked Chinese stocks off the 20-month highs hit earlier in the week, with mainland equity indexes plunging more than 4 percent in their worst day in five months.
Lakers hoping to keep slim playoff hopes alive against Nuggets
James tweeted his excitement about the milestone shortly before the game: "Can't even front". "This is going to be UNREAL! ". Jordan played 15 NBA seasons and was a five-time NBA Most Valuable Player who won six NBA crowns in the 1990s with the Bulls.
Couldn't Kill Southampton Off - Tottenham Star Bemoans South Coast Defeat
The Saints , who are heavily battling relegation suffered a 3-2 defeat to Manchester United at Old Trafford in their last outing. Tottenham reached the quarter-finals of the Champions League by knocking out Bundesliga leaders Borussia Dortmund this week.
President Trump says Michael Cohen lied about not seeking a pardon
Cohen is headed to prison in May after pleading guilty to campaign finance violations, lying to Congress and other crimes. The person was not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity.
Investors have pushed back expectations for a rise in euro zone interest rates to late-2020 from mid-2020 following the European Central Bank's decision to delay the timing of its first post-crisis rate hike. MSCI's index was on pace for its worst week since late December. Exports tumbled 16.6 percent year-on-year in yuan terms, while imports fell by 0.3 percent.
On currency markets, the euro inched up to $1.1209 after tumbling 1% on Thursday to touch $1.1176 - its lowest since June 2017.
U.S. Treasury debt yields were lower in the wake of the payrolls report.
US 10-year Treasury yields touched a fresh two week low 2.627 percent. In 2018, US job growth averaged 223,000 per month.
The most active gold contract for April delivery rose 13.20 dollars, or 1.03 percent, to settle at 1,299.30 dollars per ounce.