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US and China Draw Closer to Final Trade Agreement - FT, Citing Sources
US AND CHINA DRAW CLOSER TO FINAL TRADE AGREEMENT - FT, CITING SOURCES
— FxMacro (@fxmacro) April 3, 2019
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TOP U.S. AND CHINESE OFFICIALS HAVE RESOLVED MOST OF THE ISSUES STANDING IN THE WAY OF A DEAL TO END THEIR LONG-RUNNING TRADE DISPUTE - FT, CITING SOURCES
— 4XInsight (@4xInsight) April 3, 2019
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US, CHINA HAGGLE ON TRADE DEAL ENFORCEMENT, IMPLEMENTATION: FT
— zerohedge (@zerohedge) April 3, 2019
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Stocks & Bond Yields Jump As Algos Misread US-China Trade Headlines
US equity futures are up along with bond yields as the dollar fades (and yuan gains) following misleading headlines from The FT reporting US and China officials have "resolved most of trade deal issues." “We’re getting into the end-game stage,” said Myron Brilliant, executive vice-president for international affairs at the US Chamber of Commerce. All sounds awesome right? Bond prices are down (yields up) ... And stocks are surging... There's just one big thing wrong: Both countries have yet to agree on what happens to existing U.S. duties on Chinese goods and the terms of an enforcement mechanism to ensure ... (full story)
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