The news out of the China-US trade talks in Switzerland over the weekend is lacking substance, we await the joint statement on Monday, but officials are upbeat:
- No details on US-China trade talks but both US and China officials are upbeat
- China says Geneva trade talk meeting a first step; differences &frictions remain; win-win
The early market response was a higher USD:
Futures have reopened for the week’s trade, with equity indexes at odds with the dollar:
- US equity index futures open higher.
- UST futures lower
- Fed funds trim rate cut prospect
Vibes winning on equities:
This article was written by Eamonn Sheridan at www.forexlive.com.
