The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Trump ”Getting very close to a BIG DEAL with China, they want it and so do we”
– DJ reporting US offered to cut tariffs by ½ on US$360bn and cancel new round due this Sunday
– No better timing for Trump pre Christmas and sets up his 2020 Election year
* Dollar gained fractionally but Equities hit fresh highs whilst US Treasuries sold heavily
– Reduced tariffs a positive for US…