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China and the United States made a trade deal

Our predictions for the main event on the G-20 were confirmed: the United States and China concluded an agreement, if not on full peace in trade, at least on a truce.

The US and China have agreed that: Trump will not continue to raise duties on goods from China - while negotiations are underway on trade, which are resuming. Trump allows Huawei to buy technology from US companies, the ban is lifted. In return, China, according to Trump, agreed to buy more agricultural products in the United States.

Thus, the main event of the "twenty" ended with a positive - this is a strong signal for the markets.

We can expect on Monday - the growth of stock markets - and a new wave of falling of the US dollar - the growth of the euro, the pound against the dollar.

The material has been provided by InstaForex Company - www.instaforex.com