Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
President Trump on China Trade Deal - May Wait Until After 2020 Election

President Trump on China Trade Deal - May Wait Until After 2020 Election

Nick Cawley, Senior Strategist
What's on this page

*** Breaking News – Further Updates Later ***

  • US-China Trade Deal May be Delayed
  • Risk Assets Turn Negative

Q4 USD Forecast and Top Trading Opportunities

US President Trump has warned China that he may wait until after the 2020 US Presidential elections to strike a long-awaited trade deal. Speaking in London, President Trump opined, ‘In some ways I like the idea of waiting until after the election for the China deal, but they want to make a deal now and we will see whether or not the deal is going to be right’. Trump added that he had ‘no deadline’ for the deal and that a delay may be better. MArkets have been looking forward to phase one of the US-China trade deal to be announced over the last few weeks, boosting risk sentiment.

US-China trade talks have rattled the financial markets for nearly two years, with global growth prospects impacted by the spat between the world’s two largest economies.

Financial markets turned risk-off on the announcement with equities falling, while traditional risk-off assets including gold and the Japanese Yen picked-up a bid.

Gold Price Five Minute Chart (December 3, 2019)

Gold price rallies after President Trump warns on US-China trade deal

Traders may be interested in two of our trading guides – Traits of Successful Traders and Top Trading Lessons – while technical analysts are likely to be interested in our latest Elliott Wave Guide.

What is your view on Sterling – bullish or bearish?? You can let us know via the form at the end of this piece or you can contact the author at or via Twitter @nickcawley1.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.