Futures Dip As Global Times Editor Pours Cold Water On Trade Deal Hopes
E-mini S&P500 futures dipped following a tweet from Global Times editor, Hu Xijin, who tweeted: "Based on what I know, Beijing will insist that the US proportionally remove existing additional tariffs simultaneously with China. The US keeping all tariffs, only suspending new tariff threat, in exchange for major concessions from China, China won't accept such a phase 1 deal."
Based on what I know, Beijing will insist that the US proportionally remove existing additional tariffs simultaneously with China. The US keeping all tariffs, only suspending new tariff threat, in exchange for major concessions from China, China won't accept such a phase 1 deal. https://t.co/ciDfb7Z8VI
— Hu Xijin 胡锡进 (@HuXijin_GT) November 5, 2019
E-mini S&P500 futures dipped and have stabilized so far...
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