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UnknownUnicorn3954476
Oct 8, 2019 1:22 PM

DJI Not Holding Up To Trade Tensions Short

US Wall St 30OANDA

Description

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

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China offers to buy an extra USD 10bln of US goods per year to ease the trade war
*This potentially effects this idea negatively

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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
UnknownUnicorn3954476
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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