1. Merkel in the White house: President Trump will meet German Chancellor Angela Merkel for the primary time on Friday.
The assembly may be awkward. Merkel is a forceful recommend for free alternate and global cooperation, whereas Trump campaigned on an “the united states first” platform.
Trump has also accused the German chancellor of “ruining Germany” via welcoming Syrian refugees. more just lately, his senior adviser said Germany used to be “exploiting” the euro.
Merkel was planning to take senior executives from BMW (, )Siemens ( and car provider Schaeffler together with her to assist give an explanation for the benefits of the usa’s trading relationship with Germany, and the european Union. )
related: Trump and Merkel ready for difficult discuss
2. First G20 of the Trump generation: U.S. Treasury Secretary Steven Mnuchin is attending his first G20 meeting Friday. the two-day summit in Germany is an opportunity for leaders from the world’s largest economies to hear directly from the Trump administration.
the important thing query: Will the workforce be able to reconcile its positions with Trump’s anti-free exchange rhetoric?
there’s a likelihood the group will have to avoid trade concerns entirely, leaving Trump and other heads of state to battle with the hot-button problem at future conferences.
associated: Will the arena’s greatest economies bow to Trump on change?
3. global market overview: U.S. inventory futures have been little changed Friday. European markets dropped in early trading, whereas Asian markets ended mixed.
The Dow Jones industrial reasonable closed down zero.1% on Thursday, whereas the S&P 500 was down zero.2% and the Nasdaq used to be flat.
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four. cash and economics: Tiffany & Co ( will free up cash sooner than the outlet bell on Friday. CEO Frederic Cumenal resigned in February in the wake of lousy monetary outcomes and weaker gross sales. )
Tiffany mentioned the drop was due “partly to put up-election site visitors disruptions” round its flagship 5th Avenue retailer near Trump Tower.
Adobe methods ( shares had been up four.3% in premarket buying and selling after the firm issued a neatly-bought earnings document on Thursday. )
The U.S. Federal Reserve is about to liberate its Industrial production document for February at 9:15 a.m. ET.
The university of Michigan’s shopper confidence index comes out at 10 a.m. It has spiked considering that Trump was once elected.
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5. Coming this week:
Friday – G20 meeting for finance ministers and vital bankers
CNNMoney (London) First printed March 17, 2017: 5:41 AM ET
newest monetary information – CNNMoney.com