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Some positive commercial conversation noises between China and China did not cause substantial growth on Friday morning, signs of progress undermined by Chinese data pointing to the need for agreement.
Although the details of the aftermath of things are not yet clear, Donald Trump baderts that he will soon meet with President Xi Jinping and information on a possible meeting in mid-February in Beijing to continue negotiations, cautious optimism. This implies that China agrees to vigorously increase its imports from the United States, along with further discussions on intellectual property theft and technology transfer.
The lack of concrete agreement, however, meant that the markets were reluctant to celebrate everything for the moment. Caixin's Chinese manufacturing PMI, disappointing, also contributed to the subdued atmosphere that followed the bell, giving the most modest gains in early Friday.
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