Tuesday, April 10, 2018

FW: [Maybank] All Eyes On Xi

 

 

All Eyes On Xi

Global Markets Daily
by Saktiandi Supaat

FX Research

Lingering trade tensions intensified initially this morning following comments from China's foreign ministry that trade negotiations with the US would not take place so long as the threat of tariffs remained and without a compromise from the US. This is despite Trump's optimism of a deal with China. All eyes will be on President Xi's speech at the Boao Forum for his response to Trump's threat of further tariff measures. Nevertheless, market appears to believe that a trade war is unlikely ...

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