Sources: China said to have made enquiries about purchasing US pork

Reuters quotes some sources, as saying that China is reportedly said to have made enquiries about purchasing US pork.

This doesn’t seem to be a part of the goodwill gesture towards the US on the trade issue. But it has more to do with Swine disease had negatively impacted the Chinese pork supplies.

However, the renewed trade optimism, in the wake of China expected to buy more US farm products in latest goodwill gesture, has lifted the risk sentiment. USD/JPY extends gains towards 107.50, Aussie recovers to 0.6800 and S&P 500 futures are advancing further towards 3k levels.