Trade talks latest - no progress, talks cut short. here is what's next.

Author: Eamonn Sheridan | Category: News

The news ICYMI:   HK press says US-China talks are expected to last for only one day! No progress made.

Has prompted risk off flow:

If the SCMP report proves to be accurate what we can expect next week is the planned US tariff hikes to proceed.

I speculated earlier that the best we could expect out of these talks was a cease fire and a holt to escalation. Looks like even that was optimistic. 

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