Asian EM markets have been more immune to political risk in Italy, Turkey and some other hot spots, but it might take some solace from lower oil prices and lower US yields in recent days, suggests Greg Gibbs, Analyst at Amplifying Global FX Capital. Key Quotes “The Turkish central bank has asserted more control over monetary policy and has stabilised the TRL.” “However, fears of a trade and broader political dispute between the US and China are threatening to undermine Asian EM in what is now a more nervous global investor environment.” “The US Administration released a statement on Tuesday saying that it is moving ahead with actions proposed in March; including: “investment restrictions” and “enhanced export control” in “industrially significant technology”; WTO action related to Intellectual Property Rights; a 25% tariff on $50bn of Chinese imports, “including those related to the “Made in China 2025″ program.” “The final list of covered imports will be announced by June 15, 2018, and tariffs will be imposed on those imports shortly thereafter.” “The statement suggests that these plans are set to be implemented regardless of ongoing trade negotiations. They are linked to policies in China to support its High Tech industries that are unlikely to be dismantled any time soon, if at all.” “The agenda on trade may reflect broader tensions brewing between the super-powers as China flexes its muscles in the South China Sea and seeks broader global influence.” 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 Germany’s DIHK slashes 2018 growth forecast to 2.2 percent – Reuters FX Street 5 years Asian EM markets have been more immune to political risk in Italy, Turkey and some other hot spots, but it might take some solace from lower oil prices and lower US yields in recent days, suggests Greg Gibbs, Analyst at Amplifying Global FX Capital. Key Quotes "The Turkish central bank has asserted more control over monetary policy and has stabilised the TRL." "However, fears of a trade and broader political dispute between the US and China are threatening to undermine Asian EM in what is now a more nervous global investor environment." "The US Administration released a statement on… 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.
