Source: Taiwan Economic Daily
The US Deputy Minister of Trade and Mainland China will debut on the 20th to prepare for pre -preparation for senior officials who are scheduled to start at the beginning of next month, but it is expected that it is difficult to make breakthroughs.On the occasion of this US -China trade war, it is difficult to resolve, and the attack on Saudi Arabia's oil facilities has caused the world to fall into a new geopolitical crisis, which may make the US dollar a big winner and enhance investors' demand for US dollars for assets.
The U.S. Trade Representative said on the 16th that the US -Central Deputy Minister -level negotiations will be held in Washington on the 20th.The Ministry of Commerce of Mainland China stated on the 17th that Liao Yan, deputy director of the CPC Central Committee Finance Office and deputy minister of the Ministry of Finance, intends to visit the United States on the 18th and negotiate economic and trade issues with the United States to prepare for the high -level negotiations held in Washington in early October.
However, experts believe that this round of trade negotiations in the United States and China may not be able to repair each other's differences. Any agreement is just superficial repair, because this trade war has evolved into a dispute over political and ideological.
According to a survey of the Bank of America's fund managers, about 38%of the respondents believe that the trade war will become a new normal and cannot be resolved. Another 30%of the respondents believe that the United States and China will resolve trade deadlocks before the Presidential election in the United States in 2020.
At the same time, the attack on the oil facilities of the Sand country has increased the tension in the Middle East, coupled with factors such as trade tensions, policy uncertainty, weak European growth, and uncomfortable US market performance.The foundation is established in the new stage.The performance of the US dollar this season is still called crown G-10 currency.
The European director of the G-10 currency strategy department of Toronto Daoming Bank believes that the trade war is talked about to make investors continue to buy US dollars to avoid risk;It's not surprising.
According to data released by EPFR Global Data last week, in the case of selling pressure on the global bond market, funds flowed into the stock market, and the target was the US dollar assets: US stock funds attracted more than 17 billion US dollars in the week of the week, Europe, Japan, Japan, Japan, and Japan.The stock market in emerging markets was withdrawn.
