G20 summit begins in Japan on June 28, and continues June 29.
Presidents Xi and Trump are expected to hold their their meeting on the 29th.
Bank of America / Merrill Lynch says the best we can hope for is truce, not a deal.
- a likely ceasefire, delays in tariffs agreed to on both sides
- given the scope of disagreement between the two side a major deal is unlikely
BoA says at a truce is at least a positive but will soon evolve into worry unless sides move towards a deal.
