Home China said to be unwilling to budge on big structural changes, risk takes a big hit

China said to be unwilling to budge on big structural changes, risk takes a big hit

Published date: 31 Oct. 2019 | 10:12

The latest headlines from Bloomberg are crossing the wires now, citing that China is said to doubt if long-term trade deal is possible with the US President Trump.

The report further adds that China is reportedly unwilling to compromise on big structural changes.

The risk sentiment takes a big knock down on the renewed trade jitters, with the report coming in just a day ahead of the phone call between the lead trade negotiators from the US and China. USD/JPY drops further to 108.36 lows while S&P 500 futures drop -0.22% to 3,040 levels.

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