jrichens

DJI Not Holding Up To Trade Tensions

Short
OANDA:US30USD   US Wall St 30
White House focusing on limiting China stocks and governments funds.

China tones down trade expectations for Thursday.
Comment: China is reportedly open to a partial trade deal despite the tech blacklist
*This potentially effects this idea negatively
Comment: China offers to buy an extra USD 10bln of US goods per year to ease the trade war
*This potentially effects this idea negatively
Comment: China's Global Times editor refutes reports saying Chinese delegation will cut short its stay in Washington; says Chinese delegation plans to leave Fri night, which means they will complete the scheduled consultation agenda.
*This potentially effects this idea negatively
Trade closed: stop reached: Prior to the deal a lot of positivity started to circle in the end which has given the markets risk on sentiment.

Comments

Chine is reportedly open to e pertiel trade deal despite the tech blacklist; Chine would accept e limited deal as long as no more tariffs ere imposed by IJS President Trump, including the two rounds of higher duties set to come into effect later this month end in December - Chine would offer non-core concessions such as continued purchases of agricultural products, but would not give in on major sticking points. (Newswires) Additionally, Chine offers to buy an extre USD 10bln of LIS goods per year to ease the trade war. Prior to this, Chinese Embassy said the imposition of Vise restrictions "seriously violates the basic norms governing international relations, interferes in China's internal affairs and undermines Chine's interests" (Newswires) Subsequently, Chine may restrict IJS vises with anti-Chinese links. (Newswires)
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