The U.S. central bank is widely expected to cut interest rates for the first time since the financial crisis more than a decade ago.
China insists it has bought U.S. agricultural products.
Washington and Beijing agreed to restart trade talks late last month after they fell through in May. The two countries have been engaged in a trade war since last year. In that time, they've slapped tariffs on billions of dollars' worth of each other's goods.On the data front, ADP payrolls for July will be released at around 08:15 a.m. ET. Employment cost index figures for the second quarter and Chicago Purchasing Manager Index data for July will follow slightly later in the session.
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