Mood Sours Between China and US

• The Congressional bill in support of demonstrators in Hong Kong that's expected to be signed by President Donald Trump is renewing market worries that the confrontation may scuttle the phase-one trade deal. 
• Chinese Ministry of Commerce spokesman Gao Feng said that both sides continue to work towards an agreement, with the country’s chief negotiator Vice Premier Liu He saying that he is “cautiously optimistic.”
• The Wall Street Journal this morning reported that U.S. negotiators have been invited to Beijing for more talks. 

(Source: Bloomberg)