US-China trade deal hopes lift risk mood, Gold loses lustre

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US-China trade deal hopes lift risk mood, Gold...
 © FinancialMirror 2020
By Lukman Otunuga, Senior Research Analyst at FXTM

The mood across financial markets continued to brighten on Tuesday amid signs of further goodwill between the US and China ahead of the “phase one” trade deal signing ceremony.

The US Treasury Department is expected to remove the designation of China as a ‘currency manipulator’, thus signalling a further easing in tensions, as both sides move one step closer to finding a middle ground on trade. This encouraging news has certainly injected global equity bulls with confidence as shares in Asia...


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This article was automatically added to our system 14-1-2020

US-China trade deal hopes lift risk mood, Gold loses lustre


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Article Tags: china, trade, hopes, loses, lustre,