Trump says he has a deal with Japan. Be wary of this, Trump’s idea of what deal is and what a deal actually is, tend to diverge.
Trump: Just completed a massive deal with Japan, perhaps the largest deal ever made.
Japan will invest $550 billion into the United StatesJapan will pay reciprocal tariffs to the United States of 15%.
For the time being, yen catching a bid. US equity index futures (globex) also caught a bid.
This article was written by Eamonn Sheridan at investinglive.com.