Market Comment | Markets remain cautiously optimistic on US-China trade deal hopes
Published on Thursday, April 4, 2019
Market Comment | Markets remain cautiously optimistic on US-China trade deal hopes
Summary
Financial markets were little changed awaiting further details on US-China trade talks, which are currently underway. The US is mulling over giving China until 2025 to fulfill its trade promise, which includes a commitment to purchase more US agricultural products, among others. Ongoing talks are expected to pave the way for Trump and Xi to seal a trade deal.
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Authors
Maria Victoria Ramírez
Sumedh Deorukhkar
BBVA Research - Senior Economist
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