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Asia Fx – analysts weigh in on US-China trade negotiations – ForexLive


A several views about on exactly where to and when for these ongoing US-China talks.

Through Reuters:

SocGen say:

  • “Judging from Trump’s feedback, an settlement will have to wait at least until the weekend,” 

Weekend? We must be so fortunate … 

More:

  • “I imagine marketplaces are betting that a likely compromise will be to carry on to negotiate on tariffs. If that turns out to be the scenario, we could see acquire-on-rumour-offer-on-simple fact type of selling in the greenback/yen”

MUFG feedback:

  • “The market is believing that the December tariffs won’t be activated” 

The optimism proceeds. Marketplaces have been let down all over again and all over again by US-China developments. I surprise how they’ll go this time. Perhaps its different. 

ForexLive

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