Trump tweets from the weekend on China and trade

Joshua Gibson FXStreet

Investor sentiment is seeing some upside for early Monday trading as the Pacific-Asia market session sees some lift from US President Donald Trump, who tweeted over the weekend about positive progress on trade talks with China.

Just had a long and very good call with President Xi of China. Deal is moving along very well. If made, it will be very comprehensive, covering all subjects, areas and points of dispute. Big progress being made! - President Trump, via Twitter

Though actual evidence of progress remains to be seen, investors will be happy with positive statements as they see US President Donald Trump backing away from his usual trade-war rhetoric against China, and traders will be looking for further developments heading into 2019.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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