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Minor positive risk bias amid hope of a mini trade deal
With little data to really change the narrative over the next couple of days, traders will be trading off scraps from the US/China trade story. On Thursday the top level negotiators for both sides will meet. Chinese vice Premier Liu He will sit opposite Robert Lighthizer and Steven Mnuchin of the US in an attempt to thrash out an agreement. However, before then, there are talks between lower level officials in Washington to pave the way for these later negotiations. There are mixed signals coming out already, but the crux seems to be that if there is any room for a deal, it is likely to be smaller in scope. A deal ... (full story)