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Stocks Spike On China Comments On US Trade Talks

After a weak open, US equity markets are panic-bid following a headline from China's MOFCOM that US and China plan to speak by phone again in two weeks...

...and that's enough to ignite algo momentum...

So "talks" mean progress? Have you not been paying attention for the last two years?

As a reminder, the market remains unconvinced that a trade deal is on the cards...

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