The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
HEADLINES
* Reports China is said to doubt long term trade deal with Trump
– Supposedly demanding end to tariffs before any Phase-2 talks
– Unwilling to budge on big structural change
– So maybe a Phase-1 only deal, rhetoric suggests further progress won’t be easy
* Pompeo added fuel to the burning fires with…
– “we accommodated the Chinese rise in the hope they would become more free”
– “now Trump…
