Saturday 29 June 2019 will bring the outcome of the US-China bilateral meeting at the G20.
A 'truce' is the expected, but it appears its not inked in yet:
- BoA / ML expect a truce but no deal at the Xi - Trump G20 meeting
- HK press report the US and China have reached a tentative truce in the trade war
- China reportedly insists that US lifts all punitive tariffs as part of trade truce
In addition to the geopolitics we also get Chinese data:
China official PMIs are due at 0100GMT on 30 June 2019 Manufacturing
- expected 49.5, prior 49.4
Non-manufacturing
- expected 54.1, prior 54.3
And the fun continues Monday!
Private survey manufacturing PMI will follow on Monday, 1 July at 0145GMTFrom Caixin/Markit::
- expected 50.0, prior 50.2
And, these on July 3 at 0145GMT:Caixin/Markit:
- Services expected 52.6, prior 52.7
- Composite prior 51.5
Oh, and Monday:
