Short Term Trading Weekend Lounge 30th Nov - 2nd Dec, page-41

Very,very positive news...

From Bloomberg:

• TRUMP AGREED TO LEAVE TARIFFS OF PRODUCTS AT 10% RATE ON JAN.1
• WHITE HOUSE SAYS U.S., CHINA AGREE TO 90-DAY NEGOTIATION ON RANGE OF SUBJECTS: DJ
• IF CHINA, U.S. DON'T REACH PACT, TARIFFS TO RISE TO 25%: WH
• U.S., CHINA TO STEP UP TALKS ON CANCELING ALL TARIFFS: WANG
• XI OPEN TO APPROVING QUALCOMM-NXP DEAL IF PRESENTED AGAIN: U.S.

Meanwhile, in order to achieve the temporary ceasefire, and in what may be seen as a victory for Trump, the White House said that China has agreed to start purchasing "very substantial" US agricultural, energy, industrial and other products "immediately" from the US to reduce the trade imbalance.