Viet Dragon Securities - Analyst Pin-board: Update on Vietnam’s economic growth: During the last three months, many significant events took place in various areas such as trade agreements (US-Sino Phase One and USMCA), geopolitical risks… #equity #stocks
#AUDUSD awaits signing of US/Sino trade-deal, holding on the 0.69 handle
USD/JPY: price is set to continue moving in response to US-Sino trade relations in 2020
Dutch company caught in crossfire of US-Sino feud for tech supremacy.
Global mkts edge higher w/ a positive handover from US but renewed trade jitters cap gains. Report on Huawei licenses casts shadow on US-Sino trade war. Bonds gain w/ US 10y yields drop <1.7%. Gold holds near 6y high. Bitcoin at $11.8k.
Global mkts slump as investors flee to safety. US-Sino trade war escalates w/China asked state purchasers to halt imports of US agri products. Asia w/biggest sell-off since Oct. Yuan falls past 7 per $ for 1st time in 11yrs. Bonds rally w/US 10y drop to 1.77%. Gold rises to $1453
2. US-Sino trade policy was crafted by US multinationals (not Chinese diplomats) who wanted to lower unit labor costs and destroy worker bargaining power resulting in such asymmetric payoffs
US-Sino trade war has made dealing with China 'more difficult,' Majid Al Futtaim CEO says