Trade Truce a Relief to Markets—For Now

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Trade Truce a Relief to Markets—For Now
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Markets might be momentarily appeased by the Trump-Xi trade truce, but it's the Fed they aim to parse

Stocks and other risky assets are likely to enjoy a brief rally after the emergence of what appears to be a U.S.-China trade truce, analysts said. However, the longer-term outlook depends on what kind of lasting deal can be struck by the two largest economies, and how this could affect interest rates.

President Trump and Chinese President Xi Jinping reached a cease-fire in their trade battle, after meeting on Saturday in Japan.

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