Comments by Trump at the G7 summit in France
- Says this is a very positive development for the world
- Says we will have a further statement on China
- Confident to reach a deal with China
Risk trades are getting a boost on the headlines here with USD/JPY jumping from 105.20 to 105.65 currently. The commentary here is feeding optimism back into markets but I reckon this is more in relation to proposed trade talks in September.
Nonetheless, this is a welcome boost for risk assets after the gloom and doom seen at the start of trading today. However, the question remains, can this optimism last?
