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At this time yesterday on CNBC, here is what White House Economic Advisor Kevin Hassett said when asked about a trade deal:
“If you’d like the person in the middle of all that is Jamieson Greer and
Howard Lutnick outside of China. And I’m sure they’re happy to talk to
you about it; I’m sure there will be news by the end of the day.”
CNBC: So you don’t know who is first or what is in the air?
Hassett: I think I know but I can’t tease
CNBC: You do think you know?
Hassett: I do think I know.
I guess he didn’t know.
I expected this would be India and that can still come today but the US dollar weakness today may be partly on trade disappointment and the harsh comments that came from Japan today.
This article was written by Adam Button at www.forexlive.com.
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