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HK press says US-China talks are expected to last for only one day! No progress made.

  
Analysis, Politics
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South China Morning Post with the piece saying:

  • US and China make no progress on key trade issues in two days of deputy-level talks, sources say
  • The Chinese delegation refuses to talk about forced technology transfers, a core US grievance in the negotiations, a person with knowledge of the meetings says
  • High-level talks are expected to last for only one day, with Liu He and his team now planning to leave Washington on Thursday
Risk off on this news.
And yen, gold positive

Reuters – FAA has identified a new risk on the Boeing 737 MAX

  
  Analysis
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A report on what the U.S. Federal Aviation Administration says is a new risk that Boeing must address

  • discovered during a simulator test last week
  • not yet clear if the issue can be addressed with a software upgrade or will require a hardware fix
Reuters citing ‘sources with knowledge of the matter’.
  • Means Boeing will not conduct a certification test flight until July 8 in a best-case scenario, the sources said … one source cautioned
A report on what the U.S. Federal Aviation Administration says is a new risk that Boeing must address 
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