Home Cancellation of the APEC summit in Chile is not a big obstacle for China and the US to sign a trade deal – GT
FXStreet News

Cancellation of the APEC summit in Chile is not a big obstacle for China and the US to sign a trade deal – GT

The Global Times has tweeted that the cancellation of the APEC summit in Chile is not a big obstacle for China and the US to sign a trade deal as long as they reach one, according to Mei Xinyu, an expert affiliated with the Chinese Commerce Ministry”.

  • If China and the US were to sign an interim trade deal, as they appear to do so, and top leaders of the two countries were to meet for a signing ceremony, it would be in a neutral third-party country: Mei Xinyu

FX implications:  

Neutral/Bullish for risk and supportive of AUD … more to come

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.