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NewsBreak: Trump Denies WSJ Trade Deal Story as China Prepares News Conference

Published 12/13/2019, 09:11 AM
Updated 12/13/2019, 09:13 AM
© Reuters.

Investing.com -- President Donald Trump denied a Wall Street Journal story claiming that he had signed off on a deal to postpone further tariffs on Chinese imports and cut some existing ones in returns for guaranteed volumes of U.S. farm goods purchases.

"The Wall Street Journal story on the China Deal is completely wrong, especially their statement on Tariffs. Fake News. They should find a better leaker!" Trump tweeted.

The tweet came against the background of reports that the Chinese government is to hold a news conference on the trade discussions at 9:30 AM ET (1430 GMT).

Dow futures reversed to a 0.1% decline on the day from a 0.3% gain immediately prior to the tweet.

USD/CNH rose 0.8% to 6.9964

EUR/USD fell to $1.1164 from $1.1180 prior.

U.S. crude futures fall to $59.44 a barrel vs $59.85 a barrel beforehand. Brent falls to $64.66 vs $65.02.

Latest comments

i think the wall street journal only speculating from the smoke...
And a few hours later he confirms the story that he here calls fake news... what a fake President.... lol
Play the market , enjoy . We have never had this many opportunities
Hope he will change and confuse
Yeah
Maybe Trump is a trader
So he tweets it's fake news and that the WSJ is totally wrong ... except they were 100% right.  If Elon Musk tweeted such things and then it were true, it would be considered market manipulation.  Trump is a crook like no other.
good
Trump tweeeted that Trump tweeted.
Trump just tweeted that US and China signed the trade deal.
He basically postponed everything.. more or less
So drama!
You guys are like abused wives!!! He will never do it again lol
if trump keeps doing this he wont get elected in 2020 cause, its damaging people's beliefs in his decisions. But, if you want the FED to cut rate just do it he has the power honestly playing around people in the Investment market gets tired
Your metaphor is immoral.
Gold: December 13 review. . Global indices jumped today after yesterday's positive sign for US-China trade decisions.. . US president, Donald Trump tweeted yesterday that we are very close for phase one trade deal between world's two leading economies, US-China.. . After the news released, precious metals markets crashed and gold made a low $1466.20 range today.. . All Asian and European indices traded above +1.2% today due to positive sign for the trade deal. And a strong majority would give to Johnson's conservative party to support the pass of Brexit deal at the parliament soon.. . The pound was to open sharply higher against the USD and EUR to 2.2% and 1.7% respectively.. . By 12.45 PM GMT, Dow 30 futures, December contract traded +90 point, up 0.32% at early US hours.. . Entry point - $1479.50- $1481.00 range. . And keep R1 $1492.00. . And wait S1 $1465.00. And wait S2 $1460.00. And wait S3 $1455.00
no deal
I thought about this situation, haha. such person....
Wat a joke!!!!
another breaking news: chinese officially announces phase 1 deal. Next breaking news: Trump tweets "Surprise! yo suckers"
What can u say, friday the 13th. Fall out of the old mighty....
it's more like 1st April!
What China lion? stop listening to MSM propaganda. their country is in shambles, they need USD so bad. go look at all the deals they have made, all with USD.
Korean are just as corrupt, look how many Korean presidents are in the jail now? How many celebrities commit suicide? What a joke!
Trump fellows must trade the vix, he knows how to move it...
You got it
Gold up!
Chinese news conference to annouce FULL ON TRADE WAR. Futures will sink!! Good morning Black Friday!!
You know what you're talking about - uh huh
Well that didn't happen - what? you're basing it on Friday 13th? take another look at your tea leaves!
This sun on the beach does not understand when the Lion shows her fangs, is time to back up, but he keeps poking the Lion.
You're the Dude Wong!
You're not quite right.-
Wow he is making a ton of money manipulating the market like this.. and we all are losing!!
He? stay in the cellar-
Haha.... square one...
it's at all time high now? Are you serious?
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