Comment by a spokesman for the Chinese Ministry of Commerce had a positive impact on the indices.
The conclusion to investors after the statement and that China are ready to compromise on trade negotiations. As a result, we see a prolonged upward momentum in equities and the depreciation of JPY and CHF as havens.
Here are the details of the statement:
In general, China reiterates the same message, which does not really change their position. In that case, the ball remains in the US again and how Trump will continue to pursue his policy.
Although it is unclear when the two sides will meet, the fact that they continue to communicate is positive for the financial markets.
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