fxs_header_sponsor_anchor

News

US Pres. Trump: Call with China was very productive

Commenting on the latest developments surrounding the US-China trade dispute, US President Donald Trump said the call with China was very productive and added that he delayed the tariffs on Chinese imports to help a lot of people.

"China would very much like to do something on trade," Trump added. "Delayed tariffs for Christmas season in case it had an impact on shopping." Trump also acknowledged that the decision to delay tariffs today was one of the reasons for the stock market rally.

President Trump's remarks allow risk-on flows to continue to dominate the markets. As of writing, the 10-year US Treasury bond yield was up 2.6% on the day while the Dow Jones Industrial Average and the S&P 500 were both rising 1.6% 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.