China wants a deal but is prepared for a prolonged trade war – Global Times Hu Xijin, the Editor-in-chief of Chinese and English editions of the Global Times, tweeted out last minutes: “Few Chinese believe that China and the US can reach a deal soon. Given the current poor China policy of the US, people tend to believe the significance of a trade deal, if reached, will be limited. China wants a deal but is prepared for the worst-case scenario, a prolonged trade war.” Read more”¦ WTI hits fresh three-week lows below $ 55 on US-China risks, EIA eyed The US’ Hong Kong bill, however, aggravated the concerns over the likely US-China trade deal prospects and triggered a fresh spell of risk-aversion across the financial markets, with the European stocks nearly 0.80%-1% and Treasury yields losing 5bps or about 3% so far. In times of market unrest and panic, markets sell-off the risk asset such as oil to seek safety in the US dollar, gold etc. Read more… WTI Levels to watch Risk Off in Markets As Trade War Fears Pick Up [Video] Markets are struggling on Wednesday as concerns about tensions between the world’s largest economies have triggered a risk-off mood. The latest spat relates to the Senate’s bill supporting protesters in Hong Kong. The US and China had already been at loggerheads over the removal of tariffs. See more… 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 EUR/JPY tumbles to weekly lows in sub -120.00 levels ahead of FOMC FX Street 3 years China wants a deal but is prepared for a prolonged trade war - Global Times Hu Xijin, the Editor-in-chief of Chinese and English editions of the Global Times, tweeted out last minutes: "Few Chinese believe that China and the US can reach a deal soon. Given the current poor China policy of the US, people tend to believe the significance of a trade deal, if reached, will be limited. China wants a deal but is prepared for the worst-case scenario, a prolonged trade war." Read more"¦ WTI hits fresh three-week lows below $ 55 on US-China risks, EIA eyed… 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.
