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Stocks, Yuan Suddenly Drop On Reports "Fierce Internal Opposition" To Tariff Rollbacks

Stocks, Yuan Suddenly Drop On Reports "Fierce Internal Opposition" To Tariff Rollbacks

US equity markets suddenly stumbled lower as Reuters reports that 'sources' say The White House plan to rollback China tariffs "faces fierce internal opposition," and that no final decisions have been made.

The market kneejerk'd lower - but not much...

Yuan also dropped...

Source: Bloomberg

We can't help but wonder if this is a Navarro leak?

Trump and Xi: we want stocks and yuan up

Navarro: I have different plans

— zerohedge (@zerohedge)

 

Tyler Durden Thu, 11/07/2019 - 14:48

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