Alleged phone call an apparent trade detente that was apparent flipflops leave beijing unsure of u. S. Policy. Is the first of chinas big touted by the u. S. Administration, we saw the yuan banks to report earnings. Six in terms of the senate how the trade war is affecting devaluation was the largest performance. Shery lets get you started since the beginning of august, when we saw the risk of event with a quick check up on how markets closed. Where the yuan bridged the seven level. Theintent is there from it was a wild ride, with u. S. Chinese site. Dogs paring back gains. The s p 500 finished down. 3 . If we see these levees continue to be raised on september 1 and it is a very financials leading the declines with the 10 year yield falling politically important date for below 1. 5 . He dow gave up 120 points the chinese. It is the 70th anniversary of the peoples republic of china. That is not something the chinese are willing to let slide it was a bit of a mixed picture with volatili
On all our stories on our website, bbc. Co. Uk news. And you can find me on twitter. Im benmbland. Now on bbc news, live to singapore for Asia Business report. Mnuchins optimism. The us treasury secretary is up beat about a possible deal, but can trump and xi make progress at the 620 summit . Worse than china, is the European Union about to become the new focus for the us president s global trade wars . It is a thursday. 6ood morning, asia, hello, world. 6lad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets kick off the programme with the ongoing trade conflict that is us treasury secretary Steven Mnuchin have said that the us and china are close to a trade agreement. He said he is optimistic progress can be made during talks between donald trump and xijinping at this during talks between donald trump and xi jinping at this weeks 620 summit injapan. The bbcs Samira Hussain has the latest from new york. That optimistic tone from the Trump Admi