The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
HEADLINES
*Trump dials back the pressure on China & looks to negotiate with some concessions
-holds off on the next round of tariffs on the last $300bn
-removes some restrictions on Huawei while negotiations continue
*Trump’s new best friend, Kim Un Jong….didn’t see that one coming !!!
*Risk bounces on the open with NZD / AUD etc all higher
-expect positive equity start as mkts will take hope from the weekend
-BUT agreement similar to Novembers and…