MORNING BID EUROPE-No big trade signal as Powell takes the stand

It was barely worth the wait. U.S. President Trump spent more time berating the Federal Reserve in his speech on the economy last night than revealing any new trade truce with China – disappointing markets, which were expecting some breakthrough, or even some new signal, on the U.S.-China trade war. Trump remained bellicose – saying a deal was potentially close, but reserving the right to ratchet up tariffs “very substantially” against Beijing if no deal was sealed early next month. …read more

Source:: Yahoo Finance

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