This article was first published on FXTM Global.
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
The gloomy mood across financial markets instantly brightened after the US Trade administration (USTR) announced that it will remove some items from its target list and delay 10% tariffs on certain Chinese goods until December. This unexpected development has the potential to stimulate risk appetite in the near-term while reviving hopes of the two largest economies in the world eventually finding some middle ground on trade. Although market sentiment is seen improving further as optimism rises over China and the United States resuming trade talks in two weeks, investors should remain... Read More
To keep reading this article, please navigate to: FXTM Global.