The US President Donald Trump crossed the wires recently on early Friday. President Trump showed his preference for a whole trade deal with China rather than an interim deal while also marking readiness to meet the North Korean leader at some point.
Key quotes
“Favors a whole deal over an interim deal.”
“Guess would consider an interim deal with China.”
When asked if he would meet North Korean leader Kim Jong-Un, “at some point yes.”
FX implications
With an absence of negative comments, commodity traders got a positive start to Friday with the news. However, not much reaction could be witnessed due to the early hours in Asia.