Monthly Archives: novembre 2019

Friday November 29th, 2019

Currency markets are relatively stable as they await China’s response to the US signing the HK bill into law. The initial response from China has been muted, and with the Dec 15th tariff deadline looming hopes are the trade deal may yet be resolved. US$ firmed and is set for its strongest mont...
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Thursday November 28th, 2019

The future of the Sino/US trade deal has become uncertain after the US President signed the Hong Kong bill into law yesterday. China has responded angrily, summoning the US ambassador and warning the US of consequences over the new law. In other news, yesterdays data showed the US economy is grow a...
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Wednesday November 27th, 2019

Trade talk optimism grew after the US President suggested that the Sino-US talks are in their « final throes ». The president added most of the deal is done and that to « seal the deal » depends on him. Realistically with US Thanks Giving tomorrow, it only leaves two weeks to sign the agreem...
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Tuesday November 26th, 2019

The optimistic tone continues with reports that US and China have reached a « consensus » for a Phase One trade deal. The sticking point to signing remains the roll back of tariff’s, which the U.S. president said Nov. 8 he had not yet agreed to. New US tariff’s scheduled to be imple...
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Monday November 25th, 2019

Market optimism that the China & US could sign the « Phase One » accord is growing. China pledged a tougher stance on Intellectual Property rules, which has been a key sticking point for US negotiators. The US President has been relatively quiet and has yet to sign congresses Hong Kong bill....
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Friday November 22nd, 2019

The pendulum is swinging back from pessimism towards optimism with anticipation that the phase one trade agreement could be signed. The last couple of days has seen a number of positive comments coming from China expressing a willingness to talk. The Chinese are motivated to sign the phase one deal ...
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Thursday November 21st, 2019

Confusion over the Sino/US trade agreement remains the primary concern for investors. China expressed its interest to secure the trade agreement, inviting US negotiators back to the table in Beijing. The US President is expected to sign the two new bills supporting HK protestors, which could anger t...
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Wednesday November 20th, 2019

The US Senate unanimously approved legislation that requires re-qualification of the city-states special status on an annual basis. The Senate decision is a show of support for the HK protesters & will put additional pressure on the trade talks. The US President appears unwilling to rollback/can...
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Tuesday November 19th, 2019

The pendulum from optimism to pessimism for the signing of the Sino/US trade phase one deal continues to swing. A CNBC report yesterday caused the pendulum to swing back to pessimism as the rollback in tariffs remained as sticking point for signing. The US$ and CNY both weakened on the change in tra...
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Monday November 18th, 2019

US & China held further high-level talks over the weekend and the first reports hailed them as « constructive ». Trade related currencies rallied on the news, but the markets remain cautious as the US President has yet to comment. In other news, HK protests continue and the 2nd week of the i...
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