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DW Business July 14, 2024

On the japanese com. Is do business as in berlin welcome its an actress time for markets as geopolitical tensions persistent best as are looking ahead to a face off between the leaders of china and the u. S. At the g 20 summit in japan later this week as markets are down across the board have been taken little complet reports of a phone talk with 2 countrys top trade representatives european stock markets dropped as well with londons benchmark footsie 100 index opening half a percent down frankfurts ducks 30 losing 0. 4 percent safe haven asset gold has hit a 6 year high. Markets are still sensitive to the ongoing trade conflict u. S. President s trumps goal is simple to narrow the gap between u. S. Imports from china and what the u. S. Sells to china on the other hand in short to cut the trade deficit Exchange Rates play a key role in this one countrys currency is weak then their goods are cheaper for overseas bias trump has accused other countries of keeping their currencies weak on

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