The U.S. and China Are Closer to Agreeing On Tariffs

05 December 2019

Research

An unusual sense of tranquility has descended on China`s financial markets. The country`s stocks and government bonds have slow to a crawl. The Shanghai Composite Index reached lows in volatility UNSEEN in nearly two years, while the benchmark 10-year bond yield is moving in the narrowest range since 2012. and despite some drama for the yuan this week, implied volatility bearity near the lowest. (Bloomberg) The U.S. and China are moving closer to agreeing on the number of tariffs that would be rolled back in a phase-one trade deal despite tensions over hong kong and xinjiang, people familiar with the talks Said. The people, who are asked not to be identified, said that U.S. President Donald Trump’s Comments Tuesday Downplaying the urgency of a deal should not understand the mean were stalling, as he was speaking off the cuff. Recent U.S. Legislation Seeking to Sanction Chinese Officials Over Human-Rights Issues in Hong Kong and Xinjiang are Unysely to Impact the Talks, One Person Familiar with Beijing’s Thinking Said. (Bloomberg) Source: Danareksa Securities Debt Research Photo by Sam Beasley On Unssplash