WH Adviser Kudlow: “We're getting close” to trade deal with China, risk boosted
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White House Economic Adviser Larry Kudlow is on the wires now, via Reuters, delivering some trade-positive comments and popping the risk sentiment up across Asia.
Key Quotes:
"We're getting close" to trade deal with China.
'The mood music is pretty good,' talks with China have been very constructive.
Working on a second term tax cut package, geared to improve middle-income families.
Fed policy heading in right direction.
The trade optimistic headlines pushed the USD/JPY pair about 10 pips higher to 108.50 while the Aussie remained little changed near 0.6790 region.
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