China: There have been new progress in negotiating text of trade deal with US

Some positive headlines for risk at least

• China and US still conducting talks on trade deal text
• "Plenty of work" still remaining with US on trade deal

Okay, the follow up comments aren't so optimistic. Sure, both sides are still progressing towards some semblance of a deal but that is already largely priced in by markets. The fact that they mention that there is still "plenty of work" to be done means we will still have to put this on ice for the time being.