Meanwhile...
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Hu Xijin 胡锡进 Retweeted The Wall Street Journal
What President Trump said is not what the markets expect. But he said "the US hasn’t agreed to a rollback of tariffs". It's not a flat denial. What's certain is that if there's no rollback of tariffs, there will be no phase 1deal.
Hu Xijin 胡锡进 added,
The Wall Street JournalVerified account @WSJPresident Trump says the U.S. hasn't agreed to roll back tariffs, disputing a statement from China that tariff relief would be part of a phase-one trade accord https://on.wsj.com/2WX7yGI -
US NY Fed GDP Nowcast Q4: 0.7% (prev 0.80%)