China/ U.S. trade talks update: Trump says he will be delaying the U.S. increase in tariffs

A Tweet from President Trump Via Twitter is doing the rounds, lending support to risk and specifically the Aussie.

Trump has tweeted:

"I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!"