“Not True” – Stocks, Yuan Slide After Admin Official Denies Trump Trade Deal Rumor

It seems it was ‘noise‘ after all, CNBC’s Eamon Javers confirms that The White House is admitting that “there is a long way to go” on a trade-deal with China… stocks and yuan are rapidly erasing their hope-strewn ramp…

NEW: A senior administration official tells me that the report president Trump is ready to cut a trade deal with China is not true. “There is a long way to go” on negotiations, the official said.

Stocks are tumbling…

And Yuan is dropping notably…

So was it just a ruse to juice stocks ahead of midterms? Surely not?

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