As we noted on Day #1, if we watch how Beijing scripts the messaging we should be able to identify if Chairman Xi Jinping is taking the dragon approach toward his captive Kim Jong Un, or if Xi would instead reshape the geopolitics by announcing his release of Kim as a hostage: The magnanimous panda approach.  [Critical Background HERE and HERE]
It looks like we have an answer today as Chairman Xi writes a personal op-ed, published on the front page of North Korea’s state newspaper, where Xi is releasing Kim from proxy province captivity:

…”China supports North Korea’s “correct direction” in politically resolving issues on the Korean Peninsula.”…

Yes, though important details are yet to follow, it appears Beijing is acquiescing to the unrelenting pressure from hostage rescuer President Donald Trump and allowing the DPRK to exit the controlled captivity of China. Likely denuclearization will commence.

SEOUL (Reuters) – Chinese President Xi Jinping said in an op-ed in North Korean state newspaper Rodong Sinmun on Wednesday that China supports North Korea’s “correct direction” in politically resolving issues on the Korean Peninsula.
The front-page op-ed is an honor rarely granted to foreign leaders and comes a day before Xi is set to visit Pyongyang on Thursday and Friday at the invitation of North Korean leader Kim Jong Un, making him the first Chinese leader to visit in 14 years.

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During the kick-off campaign rally in Orlando Florida, President Donald Trump delivered a farewell tribute to a “warrior”, White House Press Secretary Sarah Huckabee Sanders.
During the first two years of the administration Sarah Sanders has stood firmly in support of President Trump and fearlessly faced a hostile and ideologically corrupt media. Tonight Trump supporters had the opportunity to say thank you. The crowd delivered a rousing standing ovation while shouting: “Sarah, Sarah, Sarah”…. WATCH:

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Donald Trump Jr. delivered a rousing testimonial to the power of MAGAnomic and common sense policy during remarks today in a packed Orlando arena.
In advance of President Trump and Vice President Mike Pence arrival to kick off the 2020 Keep America Great campaign, a ‘chip off the old block‘ Donald Trump Jr. warmed up the audience. ENJOY:

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President Trump is launching the 2020 campaign kickoff tonight in Orlando Florida.  The venue is the Amway center and President Trump is scheduled to appear at 8:00pm EST. President Trump and Vice President Pence will announce their bid for a second term in the White House. First lady Melania Trump and second lady Karen Pence are also attending the launch.
UPDATE: Video Added

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Chopper pressers are the best pressers.  Departing the White House for the Orlando kick-off rally, President Trump stops by the press pool to answer questions. [Video and Transcript Below]

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[Transcript] – 4:01 P.M. EDT – THE PRESIDENT: Mark Esper, who is a highly respected gentleman with a great career — West Point, Harvard, a tremendous talent — was just named Acting Secretary of Defense. I think he’ll do very well. He was Secretary of the Army. I got to know him very well and he’s an outstanding guy.
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This is a good development.  I strongly appreciate a U.S. President who believes in the intelligence of the U.S. voter to understand what is taking place.
President Trump is not selling the U.S. electorate short on their ability to understand the financial dynamic of ‘globalists -vs- nationalists’. President Trump is calling attention to currency manipulation by China and the EU. [Tweet]

In the big picture, what these global economies are doing is trying to offset President Trump’s ‘America First’ policy.  There are trillions at stake, and when you stand back and evaluate the scale of economic cost in this process you begin to recognize the severity of ideology and history of controlled financial manipulation.
By lowering the value of their currency, China and the EU are attempting to block the impact of tariffs against their export position.  Lowering the price of Chinese Yuan (Renminbi) or Euro (€) makes their exports cheaper to a stronger U.S. dollar.  This is what has been happening for the past six months. There are trillions at stake.
Despite what the Wall Street financial pundits have been saying, we have been importing their manufactured deflation for six months. U.S. consumers are not paying the tariffs on imported goods.  The devaluation of currency is why costs of import goods are actually less year-over-year (dollar strong). This is a strategy on their part to counter Trump, tariffs, etc. The globalist economies are trying to wait out Trump 2020.  We see the evidence of this in the CPI import prices:
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President Trump is launching the 2020 campaign tonight at 8:00pm in Orlando at the Amway Center.  The event has turned into a “45 Festival” as tens-of-thousands of supporters participate in the day-long events.  RSBN is broadcasting a livestream:

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National Economic Council Chairman Larry Kudlow appears on Fox News immediately following the announcement that President Trump and Chairman Xi will have an “extended meeting” at the G20.

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President Trump tweeted about a phone call this morning with Chinese Chairman Xi Jinping. There will be a G20 meeting between Trump and Xi. So, extending our conversation from yesterday…. the “magnanimous panda” approach appears confirmed.

[White House] President Donald J. Trump spoke with President Xi Jinping of China this morning. The two leaders discussed the importance of leveling the playing field for U.S. farmers, workers, and businesses through a fair and reciprocal economic relationship. This includes addressing structural barriers to trade with China and achieving meaningful reforms that are enforceable and verifiable. The leaders also discussed regional security issues. The two Presidents look forward to meeting again in Osaka, Japan at the G20 Summit. (read more)

With Chairman Xi Jinping traveling to North Korea for talks with his captive Kim Jong Un prior to the G20; and with the meeting between Xi and Trump confirmed; it certainly looks like Beijing is deflecting the weakness of their economic/trade position by shifting the optic toward a geopolitical magnanimous panda.  The scale of the uprising in Hong Kong was also a likely influence on the margins.
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An interesting and moderately positive development in the ongoing fiasco surrounding the prosecution of Paul Manafort.  According to the New York Times, Attorney General William Barr’s top deputy, Jeffrey Rosen, sent a letter to New York state prosecutors saying Main Justice was monitoring the planned transfer of Mr. Manafort.
Following the DOJ letter, the decision to transfer Manafort to Rikers Island was reversed.

(Via New York Times) … [L]ast week, Manhattan prosecutors were surprised to receive a letter from the second-highest law enforcement official in the country inquiring about Mr. Manafort’s case. The letter, from Jeffrey A. Rosen, Attorney General William P. Barr’s new top deputy, indicated that he was monitoring where Mr. Manafort would be held in New York.

And then, on Monday, federal prison officials weighed in, telling the Manhattan district attorney’s office that Mr. Manafort, 70, would not be going to Rikers.

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