US Pres. Trump: We have a deal with China, “potentially very close”

Eren Sengezer FXStreet

During an interview with Fox News on Friday, US President said that they have a deal with China. "Potentially very close," Trump added while noting "this can't be an even deal," he told his Chinese counterpart Xi.

These comments provided a modest boost to the market sentiment, helping the US stocks futures turn positive on the day and the 10-year US Treasury pull away from daily lows. As of writing, the 10-year T-bond yield was still down 1.1% on the day.

"We have to stand with Hong Kong but I'm also standing with President Xi," Trump told Fox News.

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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