Former US Sec. of State Kissinger expects a US-China trade deal

Former US Secretary of State Kissinger was on the wires last minutes, via Reuters, expressing his take on the US-China trade deal.

Expects a US-China trade deal.

Expects trade deal to be concluded in a positive way.

US and China should become accustomed to the fact they are rivals.

  • WH Adviser Kudlow: US-China to the short strokes on a Phase 1 deal
  • USD/JPY: Recovery gathers steam on US-China trade deal hopes

PBOC sets Yuan reference rate at 7.0091 vs. Thursday’s 7.0083

On Friday, China’s central bank, the People's Bank of China (PBOC), set the Yuan reference rate at 7.0091 versus Thursday’s fix at 7.0083.
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