The trade war continues. Financial markets fell yesterday after US President Donald Trump announced that the trade confrontation would continue and accused China of a dishonest "trading game" against the United States for many years. He also said once again
Monday was a fairly calm day for traders. Yields on US government bonds rebounded slightly from three-year lows and Asian stock markets received an incentive to grow, as investors expect active steps by central banks to support the global economy.
The trade and economic confrontation between China and the United States continues. Yesterday, the Chinese Ministry of Finance informed that the new 10-percent US tariffs violate the agreements reached and promised a response. Trump, for his part, said that the
On Wednesday, August 14, disappointing statistics of Germany and China came out. China's industrial production declined by 1.2%, while Germany's GDP fell -0.1%. After that, the yield on US treasury bonds fell record-breaking. Stock indices fell by an average of
On Tuesday evening, news appeared that Washington would not impose duties on some Chinese-made goods until December. Stock indices and oil rose on the news of the temporary “freezing” of tariffs. Earlier, Trump planned to impose 10 percent tariffs on
The outcome of the trade and economic war is still unpredictable. Shelter assets remain attractive to investors, given the recent rise in gold, yen, and bonds. Some analysts believe that the instability of Sino-US relations could push gold to overcome