The Trader 

Market Outlook: Putin upstages Trump’s trade deal

The Trader

Pomp and grand gestures in Washington as US President Trump and Chinese vice-premier Liu He and his entourage sign phase 1 of a trade deal which they have haggled over for months. Markets had priced it in and shrugged their shoulders. Over in Russia President Putin, after his state of the nation address, saw Prime Minister Dmitry Medvedev and his government resign. Some say this is to make way for sweeping constitutional changes altering significantly the balance of power between the Kremlin, legislative and judicial structures.

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