White House Trade Advisor Navarro tells reporters that a meeting with China is expected to take place in 7 days. While a meeting was expected, the positive nature of recent developments and apparent brisk arrangement of the Sino-U.S. meeting factors further into the post-NFP market reaction, applying weight to Tsys and supporting e-minis as well as the USD.
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Gilts hold the bulk of the rally detailed earlier, backing away from session highs over the last couple of hours after the post-auction momentum stalled.
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