US VP Pence: Already begun discussions on Phase-two deal – FBN

Ross J Burland FXStreet

US VP Pence has said that they have already begun discussions on a phase 2 deal following the signing of the phase-one US-China trade accord, speaking to Fox Business Network. He gave no further details.

Market implications

While the initial trade pact that defused some tensions, it leaves some major issues unresolved which could be problematic for the markets going forward.

USD/JPY: Markets potentially overcooked the phase-1 deal, there is scope to 109 the figure

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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