Global Times reported that Chinese officials are expected to hold a press briefing on the Sino-US trade talks today. The event is a potential market mover as, so far, China has not addressed yesterday’s tariff announcement from Donald Trump. The briefing will take place at Friday night Beijing time. However, exact timing is unknown therefore traders should stay on guard.
US stock market futures trimmed gains on reports that China has concerns whether to commit to “hard” agricultural purchases. Press briefing from Chinese officials may make the situation more clear. Source: xStation5
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