Soothing comments on trade by the Chinese Commerce Ministry late yesterday in Asia saw Wall Street stocks carve out impressive gains overnight. In addition to refraining from retaliating against the latest tariff hikes from President Trump, the spokesman emphasised the need to create a conducive atmosphere for further negotiations to continue. The remarks overshadowed U.S. GDP which came in at 2.0% as expected but had last months reading revised down by 0.1%. It doesn’t sound like a lot, but given the fragility of sentiment from earlier in the week, without the Chinese comments, investors would probably have ... (full story)