Wall Street Journal (WSJ) quoted people familiar with a telephonic conversation between the US President Trump and a top US Republican donor and Casino magnate Sheldon Adelson that happened last month, as the former warned Trump over escalating trade war.
One of the sources said that Adelson discussed with Trump the broader implications of the US-China trade war on President’s re-election prospects, WSJ reported.
- China, US had 'constructive' trade talks in Washington - Xinhua
- AUD/JPY and AUD/CHF solid in the open on trade-talk relief
Amid renewed trade optimism, markets seem to ignore the above headlines, as USD/JPY trades firmer near 107.70 amid solid gains seen in the S&P 500 futures.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.