DE30 soars on Mnuchin comments

The US Treasury Secretary has just said that the trade deal with China is 90% ready, causing eruption of market optimism as investors await a pivotal Trump-Xi meeting this weekend. This remark is not new, it was offered already in April, but the market reaction highlights just how important the trade dispute is for the markets. DE30 is 100 points above morning lows and leads gain across European markets.

Economic calendar: ISM data and Powell testimony
Morning wrap (01.12.2020)
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