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Posted by
Two Blokes Apr 23 -
Filed in
Forex
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It was a mild risk-on tone on Tuesday, on hopes that US–China trade tensions could recede following comments from US Treasury Secretary Scott Bessent. Speaking at a private investor summit hosted by JP Morgan (JPM), CNC reported that Bessent expects a de-escalation in the trade war with China “very soon”, and that the current status quo of high tariffs is not sustainable.
