The two days of negotiations between the US and China do not seem to have ended as everyone expected - by agreement. The two sides have promised to continue the negotiations, and this again inspired hopes of the bulls.
Complete information on the negotiations between the two parties is not communicated. but one thing is clear, the differences between the two countries will prove to be a stumbling stone for both economies. According to the Chinese news agency, profound differences have been identified at the meeting over topics other than trade.
An agreement has been reached on the creation of a special mechanism for resolving trade disputes. US officials have also agreed to raise with President Donald Trump the issue of banning US companies from selling goods and software to China's ZTE Corp.
Negotiations during the second day of the US delegation's visit were closed, and against the backdrop of a Beijing ban, the Chinese media reported any information other than official announcements.
We are expecting more information over the weekend about what decisions were made at the Beijing summit, as well as gambling when the markets opened Monday.
Source: Reuters
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.