Trade deal hopes lift risk mood; Gold loses lustre

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Risk appetite boosted by trade deal optimism
Washington lifts China ‘currency manipulator’ tag
US inflation data in focus
Gold slips as risk-on sentiment bites

The mood across financial markets continued to brighten on Tuesday amid signs of further goodwill between the US and China ahead of the “phase one” trade deal signing ceremony.

The US Treasury Department is expected to remove the designation of China as a ‘currency manipulator’ signaling a further easing in tensions, as both sides move one step closer to finding a middle ground on trade. This encouraging news has… Read More:

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