Positive news via China state media (Xinhua, CCTV) on a trade war truce:

  • The US will not levy new tariffs on Chinese goods
  • US and China to restart trade talks
  • US and China trade teams will have talks on detailed issues

US President Trump:

  • We had an excellent meeting with Xi
  • As good as it was going to be
  • thinks "we are back on track" with China

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Should be a positive for risk come Monday morning. But do bear in mind this is not a trade deal. Talks to restart.

Positive news via China state media (Xinhua, CCTV) on a trade war truce:

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Still to come this weekend, scheduled for 30 June 2019 at 0100GMT - China official PMIs:

Manufacturing

  • expected 49.5, prior 49.4

Non-manufacturing

  • expected 54.1, prior 54.3