US Pres. Trump: Agricultural purchases will not be enough, we want a complete deal
|In a joint press conference with Australian Prime Minister Morrison, US President Donald Trump said that China's increased agricultural purchases will not be enough to reach end the dispute and added that they want to have a "complete deal."
"I do not need a US-China trade deal before the 2020 election," Trump said. "I have an amazing relationship with China's Xi but we are having a little spat."
The 10-year US Treasury bond yield edged lower on these comments and was last down 1% on the day. Additionally, the Nasdaq Composite Index was erasing 0.4% pressured by the increasing selling pressure on the risk-sensitive technology shares.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.