14 March, 2019
U.S. futures traded stable to lower on Thursday during the European session as early optimism after Britain's parliament voted to reject a disorderly Brexit was offset by uncertainty over U.S.-China trade talks and weak data out of China. The report soured sentiment and futures reversed earlier gains to trade lower. Bloomberg reported that a meeting between President Donald Trump and China's Xi Jinping to sign an agreement to end their trade dispute won't occur this month and is more likely to happen in April at the earliest. On Wednesday, U.S. President Donald Trump said that he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property. Data from China pointed to further weakness in the world's second-biggest economy and added to a clutch of weak economic reports that indicated slowing global growth. The latest China figures showed industrial output at 17-year lows and sluggish retail sales. UK lawmakers on Wednesday voted in favor of a motion that ruled out a potentially disorderly "no-deal" Brexit under any circumstances, though another crucial vote to delay leaving the European Union is pending on Thursday evening.