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State Of Confusion In US-China Trade Talks
It's all about the US-China trade outcome, with the erratic swings in currencies a testament of how unpredictable trading around these high-stake events can be. The latest we've learnt reflects the confusion and state of uncertainty. On one hand, reports suggest that the US and China made no progress on key trade issues, leading to speculation that the Chinese delegation will cut the trip short to just one day of meeting with their US counterparts. On the the other hand, a report via Bloomberg said the US is considering a currency agreement with China. The instruments most intertwined with risk aversion (Gold, bonds, ... (full story)