US Pres. Trump: Good things are happening at China trade talks

Eren Sengezer FXStreet

Ahead of his meeting with China Vice Premier Liu He, United States (US) President Donald Trump delivered an update on trade talks with China, via Twitter.

"Good things are happening at China trade talk meeting. Warmer feelings than in recent past, more like the old days," tweeted out Trump. "I will be meeting with the Vice Premier today. All would like to see something significant happen!"

These remarks seem to be providing a boost to risk sentiment. As of writing, the 10-year US Treasury bond yield was up 3.6% on the day and Wall Street's three main indexes were all adding more than 1.3%.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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