Ransquawk Rundown, Daily Podcast

European bourses are softer in holiday-thinned conditions despite positive overnight trade rhetoric·China and US trade negotiators held a phone call today in which they reached a consensus on solving issues and agreed to keep in contact regarding phase one dealFed Chair Powell said Fed would respond if developments spurred a material outlook reassesment and that current monetary policy is likely to remain appropriate as long as data is consistent with moderate growthRBA Governor Lowe says QE is...