OctaFX | OctaFX Forex Broker
Open trading account
Back

China-US phase one trade deal: A pragmatic action plan – ANZ

In view of analysts at ANZ, the signing of the deal will bring some near-term stability to China’s trade outlook and financial markets.  

Key Quotes

“The eight-chapter agreement outlines many pragmatic action points in several areas, while others remain vague. At the same time, issues such as 5G technology, cyber security and SOE subsidies have not been included in the current agreement and could be topics for further negotiations, if there are any.”

“Although China’s official statement describes the agreement as a balanced one between the two countries, it actually has more obligations to fulfil than the US, which could rekindle conflicts in the future.”

USD/CNH could drop further and test 6.84 – UOB

In opinion of FX Strategists at UOB Group, USD/CNH is seen losing further ground and testing the 6.84 region in the next weeks. Key Quotes 24-hour vie
Read more Previous

Turkey: CBRT to cut today? – TDS

Analysts at TD Securities think that the CBRT will cut the 1-week repo rate and WACF by 150bps, which is 75bps more than the current Bloomberg survey
Read more Next
Start livechat