China’s CommerceMin: Vice Premier Liu He will go to Washington to sign Phase One trade deal

Dhwani Mehta FXStreet

Reuters is out with the confirmation from the Chinese Commerce Ministry, as it officially announces on Thursday that the country’s Vice Premier Liu He will go to Washington to sign Phase One trade deal on January 13^th-15^th.

Both sides remain in close communication on particular arrangements on signing, the Ministry said.

With the risk-on sentiment extending into Europe, gold prices extend losses below $1550 while USD/JPY holds the higher ground near 109.25 region. The Aussie consolidates its recovery below 0.6880. The trade-positive comments will only add to the upbeat market mood.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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