There are reports that both side has already reached a principle agreement to settle their trade disputes and this week meeting will be dedicated to ironing out the implementation details.
US had a strong performance last Friday lifting the sentiments all over the world on Monday.
Having said that, European markets were more subdued as a report prepared by US Department of Commerce about European car has been submitted to President Trump. There are rumors that US would likely to impose a 25% tariffs on imported European cars on the ground of risking “US national security”. But the final play out remains to be seen.
Markets performing well doesn’t mean the fundamentals are strong and it has reflected in the bond market when their yield remained low and Japanese Yen were hovering at high ground.
It therefore begs the question what sort of risk aversion financial tools offered in the market for more conservative investors and why Japanese bond attracting negative return were well received by the market.
Our guest. independent Economic analyst and strategist, Dr Po Man Chan talks to our host, Thomas Sung.
