Chinese MOFCOM Spokesman Gao: Both Sides Are Discussing The Previously Discussed September Talks

Buy opportunity for aud/usd and nzd/usd!

Talk talk talk , nicely timed .

Gold Down, Aud Up, Nzd Up, Jpy Down

The Chinese will say anything to nullify the tariffs whilst making slow progress into the elections .

And why?

But... but... that Global Times reporter said he wasn't aware the two countries spoke over the phone and the market tanked that day... So in fact there is a possibility the donald was telling the truth?

Of course they're talking .It's irrelevant unless they find common ground and then actually put pen to paper which could take years . The market reacts as it's de escalation of the stakes but it's not really progress .

Fully agree. If anybody believe their word, they have been living under a rock for the past few decades. That is why the US wants them to tweak their laws to put IP protection in writing instead of verbal promises. Which of course led to the big push back as they dont want to do that. This, is the reason why the talk has stalled until now and is the main reason why the US side wants the talk to continue from where they stopped in May. People can hate donald trump all they want, but proper IP protection made into law in China protects ALL countries doing business in China, not just the US.

Here we go

Blame the algo's for the reaction

https://www.forexfactory.com/news/94...ck-will-happen

Deal will happen for sure and currency will revert specially JPY pairs

You must know why

Obviously. If you believe all the factless tweets.

Its not only the news, both currencies are over sold!

you both us and china just do talking and talking and fucking each other

I'm not a news trader. I am not interested in intraday price movements.

These are proposals nothing substantial just common sense but they serve their purpose to create a " covering " rally into the GDP figures

News draw the chart

I'm interested in well-grounded facts, I trade based on that.

I don't care who says what, but what he does.

Market is on the opposite position! Its care about everything. Look the chart!

Concentrate on when to fade the move

it's possible but be careful of zero or negative rate about nzd and aud

Oh wow look at that ... guess the bodies expecting Jhina to weaponize its massive treasury holdings didn't work out this time!

Good news for trade war take off the chance of zero rate, Negative are imposible. NZD will not cut next time, for sure.

Safe haven will down

oh my god , i love Chinese comments . they saved my ass

Time to fade the move

U.S. trade agency affirms Trump's extra 5% tariff hike on Chinese goods
From reuters.com


The U.S. Trade Representative’s office on Wednesday reaffirmed President Donald Trump’s plans to impose an additional 5% tariff on a list of $300 billion of Chinese imports starting on Sept. 1 and Dec. 15. The USTR said in an official notice that on Sept 1, U.S. Customs and Border Protection agency will begin collecting a 15% tariff on a portion of the list that contains over $125 billion of targeted goods from China, including smartwatches, Bluetooth headphones, flat panel televisions and footwear. A 15% tariff will be levied on the remainder of the list, which includes cellphones, laptop computers, toys and


Looks like the squeeze before the tariff increases

unless of course a tweet ( known by the insiders ) is due

they are talking about talking in september .. yeah I see they are making real progress there.

If a tweet or news comes out over the weekend which retracts the above statement then it's " insider dealing "

https://news.cgtn.com/news/3d3d774e7...d54/index.html


9 may. 2019

https://www.cnbc.com/2019/08/28/trea...tary%20Mnuchin

it won't exist another rate cut in the end of this year if there is an agreement between china and us,therefore, there is no reason for $undex to go down, because inflation data was good recently, nonetheless, i'm waiting for another tension between china and us till before being solved all problems between them,

And preview for US trading hours

"President trump delays 5% tariff increase"

China can't back down or concede to any of the concessions Trump's administration wants . If it does , it has repercussions on its own economy .

The soothing words are but a mere distraction to change the rhetoric from a week ago and persuade Trump into back tracking on it's implementation of the Sept tariffs


or just that

A tweet is due

If a tweet is announced during market hours then it's market abuse .

So there is a phone call now then ;-)

A short squeeze at most and the down trend will resume

China just sent in tanks to Hong Kong

https://www.thetimes.co.uk/article/c...kong-j6ht5hl5d

But he did not confirm a claim from President Donald Trump on Monday which said the Chinese team had called the U.S. over the weekend with the desire of reaching a deal soon. China’s Ministry of Foreign Affairs has previously said it is unaware of the call that Trump described.

“China has plenty of means for counter measures, but under current situation, the question that should be discussed right now is about removing the U.S.′ new tariffs on $550 billion Chinese goods to prevent escalation of the trade war,” Gao said.

Either someone knows that the tariffs will be stalled judging by the price action or the squeeze is taking out a lot of the covering as there is no slack on any of the indices