In the political game of trade relations, the EU may be played by both sides, suggests Greg Gibbs, Analyst at Amplifying Global FX Capital. Key Quotes “China is looking to tighten its trading relations with the EU, it appears, to bolster or form a front against US trade protectionism.” “China is hosting EU leaders Donald Tusk, president of the European Council, and European Commission president Jean-Claude Juncker at a summit in Beijing on 16-17 July. Before then, Chinese Premier Li is to meet German Chancellor Merkel in Berlin.” “These meetings follow meetings between Chinese officials, led by Premier Li, and Easter European country officials last weekend where China was offering increased investment.” “China appears to be lifting its engagement with the EU to counter the economic threats posed by US trade and investment policies.” “The EU may try to delicately balance relations with the US and China to attempt to maintain good trading relations with both. The US and China may attempt to assuage the EU to join forces with them in their battle with the other.” “This may be viewed as a potential positive for the EU economy and the EUR.” “Trump visits Europe this week to discuss NATO (Wednesday). His plans include a visit to the UK (Friday) and to meet the Russian President (16-July). There is a risk that he antagonises or improves his relationship with the EU, or and various times perhaps both.” 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. View All Post By FX Street FXStreet News share Read Next GBP futures: upside momentum fading? FX Street 4 years In the political game of trade relations, the EU may be played by both sides, suggests Greg Gibbs, Analyst at Amplifying Global FX Capital. Key Quotes "China is looking to tighten its trading relations with the EU, it appears, to bolster or form a front against US trade protectionism." "China is hosting EU leaders Donald Tusk, president of the European Council, and European Commission president Jean-Claude Juncker at a summit in Beijing on 16-17 July. Before then, Chinese Premier Li is to meet German Chancellor Merkel in Berlin." "These meetings follow meetings between Chinese officials, led by… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.