NewsWare's Trade Talk: Monday, August 11

S&P Futures are displaying slight gains this morning as we head into an important week for the markets. The key near term catalyst is the trade deal with China that is set to expire tomorrow. Markets are expecting for the White House will extend the current trade agreement. On Friday, President Trump will be holding talks with Russian President Putin on a potential end to the hostilities in the Ukraine. On the economic front, Inflation data releases will be key this week. Tomorrow CPI will set the tone for a possible rate cut in September. Intel's CEO is schedule to meet with President Trump today as he called for his resignation last week. President Trump is expected to hold a press conference today at 10:00 am ET on law enforcement in DC. NVIDIA and AMD have agreed to pay the U.S. government 15% of their revenue from sales of certain AI chips to China as a condition for securing export licenses.  Economic calendar is light today. On the earning front, CAH, CRWV, CAVA, EAT, CSCO, NTES, JD, DE, AMAT, & FLO are expected to announce this week.