Bloomberg reports that Chinese officials doubt a long-term trade agreement with Donald Trump is possible. This casts a long shadow even on a short-term trade deal especially after a meeting between the US and China in Chile was cancelled. This report puts downward pressure on US bond yields and sends a warning signal to equity investors too. The USDJPY is dipping following the announcement as well.
The USDJPY is declining on the Bloomberg report. Source: xStation5
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
