According to Bloomberg, Kevin Hassett, chair of the White House Council of Economic Advisers, recently said that the U.S. and Chian could reach a final trade deal “some time soon” completing the Wall Street Journal report that claimed a deal could be signed late March when Trump and Xi meet: WSJ report: U.S. / China “agreement is taking shape”.
With the initial market reaction, traditional safe-havens such as the JPY and gold weakened against the greenback, pointing to improving market sentiment.
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