There are some positive news flows coming through on Wednesday which are lifting spirits. Wall Street benchmarks are making fresh record highs and yen flows are negative.
The positive sentiment is centred around Trade.
- Canada’s Freeland: US, Canada agree to meet at 5pm ET today to review;
- Says it was a good conversation with Lighthizer;
- US, Canada won’t negotiate details publicly;
- She’s encouraged by good conversations with the US.
- Canadian PM Trudeau: says Canada needs `the right deal’ on NAFTA;
- Says Canada will defend dairy supply management;
- Will not negotiate in public but will defend supply management of dairy.
- Possible of a NAFTA deal by Friday.
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