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Clearing Major Support

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Sizeable Resistance Building

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Needle Still Points North

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Bullish Argument Down, But Not Out

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Attention Is On Resistance

MNI, NEWS
MNI: The SCMP writes "the US and China have tentatively agreed to another truce
in their trade war in order to resume talks aimed at resolving the dispute,
sources familiar with the situation said. Details of the agreement are being
laid out in press releases in advance of the meeting between Chinese President
Xi Jinping and US President Donald Trump at the Group of 20 leaders summit in
Osaka, Japan, this weekend, according to three sources - one in Beijing and two
in Washington. Such an agreement would avert the next round of tariffs on an
additional US$300 billion of Chinese imports, which if applied would extend
punitive tariffs to the virtually all the country's shipments to the United
States."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com