WH Econ Advisor Kudlow: Heading to a remarkable, historic trade deal with China

Eren Sengezer FXStreet

In an interview with CNBC, White House economic advisor Larry Kudlow said that he believed that the U.S. was heading to a remarkable, historic trade deal with China explaining that they made 'fantastic progress' in last week's talks.

Kudlow's optimistic comments seem to be helping stock markets gain traction. The Dow Jones Industrial Average, which started the day in the negative territory, was last seen adding 0.1% and the S&P 500 and the Nasdaq Composite were both virtually unchanged on the day.

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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