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China’s expert: A US-China phase two trade deal after November is too far away – Global Times

Gao Lingyun, as an expert close to the Chinese government, was quoted by Global Times on Friday, expressing his take on the likelihood of the US-China phase two trade deal.

Key Quotes:

“A phase two trade deal after November is too far away.

China's willingness to start phase two negotiations depends on the implementation of the phase one deal.

China will push forward a phase two deal at its own pace.

US President Donald Trump should not use the signature of a phase two deal with China as a bargaining chip for his presidential election in November.”

GBP/USD risk reversals hit highest since June 2018

GBP/USD three-month risk reversals (GBP3MRR), a gauge of calls to puts, has jumped to -0.675 - the highest level since June 2018 - indicating the impl
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WTI Technical Analysis: Under pressure, hourly chart favors re-test of Thursday's low

West Texas Intermediate (WTI) oil is currently trading at $59.40 per barrel, representing a 0.25% gain on the day. The hourly chart relative strength
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