How Effective Are President Trumps Tweets in Moving Market Expectations.

#22139
TradersCom
Keymaster

Trump Press Conference on Trade Meeting

We have come to a substantial Phase One deal with China
It will take up to 5 weeks to get deal written
Deal has yet to be put in writing

We have come to a deal on IP, financial services and ‘big’ agriculture purchases
China agreed to $40-$50B in agricultural goods purchases
Also agreed on currency and foreign exchange issues
We have made progress on tech transfer, we will do more on that in Phase Two
The currency deal will be of tremendous benefit
We are very close to ending trade war