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.
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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
