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US Pres. Trump: We have a very good chance of making a deal with China

Eren Sengezer FXStreet

United States President (US) Donald Trump on Friday said that they are in a very important stage in terms of possibly making a trade deal with China.

"We have a very good chance of making a deal with China," Trump reiterated.

The 10-year US Treasury bond yield inched higher on these remarks and was last down 0.5% on the day at 1.528%. Meanwhile, the Nasdaq Composite was up 1.15% on the day and the S&P 500 was adding 0.9 at the time of press.

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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US Pres. Trump: We have a very good chance of making a deal with China

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AUD/USD renews two-month lows near 0.6950 after Australian CPI data

USD/JPY drops below 157.00 as intervention risks counter Japan's weak data

Gold consolidates below $4,200, looks to US ADP and PCE

Ethereum sees profit-taking near $2,700 ahead of key US economic data

Silver is more volatile than Gold ahead of PCE and NFP. This chart shows the positioning gap

Silver is more volatile than Gold ahead of PCE and NFP. This chart shows the positioning gap

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