Wilbur Ross: Tariffs delay is to avoid disrupting Christmas season

Author: Justin Low | Category: News

Comments by US commerce secretary, Wilbur Ross

  • No quid pro quo from China amid decision to postpone tariffs
  • It is premature so see where both sides are on trade talks currently
  • Date has not been set yet for next round of in-person trade talks
Reckon he should get on with the agenda, it's all about the yield curve now. I don't think anything he says here will be able to lift the current market mood whatsoever.

Fear has taken over at this point. USD/JPY is back under 106.00 to lows around 105.80.

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