As expected, an announcement to delay tariff increases set for March 1st citing "progress in the talks". The markets rallied tonight. 1815 area may provide some buy stops.
Noteworthy: Bloomberg reports that the lead negotiator and Trump got into a public spat over terms and progress. It seems Lighthizer is a bit more hawkish with China than Trump. Trump wants a deal. There will be a deal. It will be weak. It will be a sell event for S&Ps. (In my opinion)
Is the gap higher in the beans telling us the exact opposite tonight?
Or is it from something else?