Mnuchin is scheduled to be in Japan for G-20 from June 7-9. Will meet with PBOC head.

I posted earlier that US Treas Sec Mnuchin to meet with PBOC Governor Yi Gang

Adding a little more now:

• Mnuchin … will have his first chance to break an impasse in a deepening trade war with China
• set to meet Chinese central bank Governor Yi Gang during a gathering of G-20 finance ministers from June 7 to 9 in Fukuoka
• Even a casual chat between officials of the world's two largest economies could lay important groundwork for a meeting between Presidents Donald Trump and Xi Jinping, who will be in Japan at the end of the month for the G-20 leaders' summit.

via Bloomberg, link

Promising, yeah, but Xi and tweeter in Chief are the organ grinders. Let's hope we can get some sort of meeting between these two and some sort of truce.

The global economy is in dire straits:

• World Bank lowers its global growth forecast for 2019 to 2.6% (from 2.9%)
• ICYMI - JP Morgan/Markit global manufacturing PMI hits its lowest since October 2012