* According to its internal findings, U.S. Treasury Department does not plan to label China as a currency manipulator in its upcoming report on foreign exchange rate practices of major countries.
* This is an important piece of good news amidst escalating tensions between U.S. and China over trade and related issues.
* Though it's not yet an all-out war over trade and tariffs, there is no end in sight as to how far, and how long, the dispute will continue. Any positive movements by either side are desperatedly welcomed and needed.
* With U.S. midterm elections just three weeks away, no substantive concessions or policy shifts are expected from either side. The standoff will likely continue until, at least, the elections are over.
* The planned second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un and the G20 summit at the end of November will both be good indicators of where, and how, this bilateral relations will evolve in the coming years.
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