The Taraff Dance continues with Trump talking about Taraifes. There were a number of mixed messages but at least he does not pull a hard line in the sand.
Asking about volunteers that may result in Tariffs Tariffs 2 April, Trump said: “There's a flexibility.” Asking if China can do anything to take off a transaction war: “We can speak.” He said he will be talking to xi (mid-June roof is).
The S & P 500 has been pouring the decline of the decline to 18 points and the caspaq is down just 0.1%.
In FX, we see small marks of reversion in the weakness in riding money and strength in US dollar.
