yes they played , but what has changed ? Nothing China is playing time and trump is playing words , gold should have dropped 100 usd if it was a real deal , but ….
Fed Cut Bets Won't Vanish Just Because Trump and Xi Played Nice
It might take more than a few friendly words between U.S. President Donald Trump and Chinese leader Xi Jinping to substantially reduce bond traders’ bets on Federal Reserve interest-rate cuts. The U.S. and China declared a truce in their trade war on Saturday that was heavy on hoopla but light on details. While the positive noises out of the Group-of-20 summit in Osaka will underpin risk appetite, at least initially, uncertainties over still unresolved trade disputes and the economic outlook could return to cloud investor sentiment. This Friday’s U.S. jobs report may provide more evidence about the state of the ... (full story)