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Expecting little out of US-China trade talks
Updates on US-China trade keeps its grip on markets as we await the commencement of trade talks going into Thursday. South China Morning Post’s latest report stated that no progress had been made in deputy level talks and that US-China trade talks are only expected to last for a day once again, dampening sentiment with regards to this key concern for markets. The takeaway from the conflicting messages perhaps remains the fact that there lacks a middle ground between the two sides and even if any interim deal should be agreed upon, it may be built on fragile relations. Two way risks for markets persist when it comes ... (full story)