S&P: “Yesterday’s move was also accompanied by a move to buy US Treasuries despite rumours..” Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle


Sino-US trade talks to continue
While markets brace for another no-deal

Yesterday president Trump said, ‘’I can imagine Huawei being included in some form or some part of a trade deal’’ with China. Unimpressed Gao Feng, spokesperson for the Chinese commerce ministry said, ‘’if the United States wants to continue trade talks, they should show sincerity and correct their wrong actions’’.

May purchasing managers’ surveys and IFO sentiment gauges were down on April’s readings and below market estimates – in the Eurozone and in the United States, with manufacturing especially hard hit. Yesterday President Trump announced that he was setting aside $16 billion to help farmers who have been hit hard by Chinese sanctions and tariffs.

Financial Markets and Political Commentary


, , , , , , , ,

Related Posts

About the author

High profile, trusted, veteran Technical Analyst with over 25 years’ banking experience. Key expertise in all areas of Treasury, especially foreign exchange, derivatives, fixed income and commodities. Acknowledged for personal contribution to new developments in the industry. Well regarded by the media for provision of accurate forecasts, succinct copy and entertaining sound bites. Thrives in dealing room environments – excellent interpersonal skills and a strong communicator with extensive business contacts. Looking for suitable and interesting opportunities.