Out the window with fundamentals again, and the trade story takes centre stage. We have a trade deal, apparently, with President Trump reportedly having 'signed off' on Phase One of the deal, and in doing so, the threat of further tariffs against China on 15 December disappear. Details are still lacking, but unsurprisingly part of the deal reportedly involves China agreeing to buy more US agricultural products. We could see some tariffs on Chinese goods reduced. We still need to wait for an official announcement; however President Trump did tweet yesterday that they were “Getting VERY close to a BIG DEAL with China.” ... (full story)