Trade War Fears Ebb

The US equities markets received a boost in trading today after bullish news regarding trade hit the markets over the weekend. The big news was that the US would postpone tariffs on China after the Chinese government promised to greatly ramp up purchases of US products. While this does not signal an end to the trade dispute, it does represent a positive advancement in trade negotiations between the two countries. Also, positive comments on the progress of NAFTA negotiations helped to round out an overall positive tone. However, the FOMC will release its meeting minutes on Wednesday, which will be a likely source of volatility this week. Here’s what to expect.