1 to 7 April: Trade tensions are easing between the US and China

One of the obstacles hindering further improvement in global market sentiment is the trade dispute between the US and China. Finally, more constructive headlines were released citing that two countries have finally found some common ground, which ultimately could lead to a consensus in the coming few months. President Trump talked up prospects for a ‘monumental’ agreement, while refraining from providing granularity or evidence. Drafts of the agreement being crafted would give Beijing until 2025 to meet commitments on commodity purchases and allow American companies to wholly own enterprises in the Asian nation, according to people familiar with the talks. We remain of the view that a final resolution to the trade talks will not meaningfully change the fundamentals for global growth, as the US-China trade is about 3% of global trade. But global investor sentiment could surely benefit from some good news.

View All Global Market Updates

Subscribe to ourGlobal Market Updates

Error: Contact form not found.