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A new Tipping Point in this trade war and that Tipping Point is hong kong and we talked about the importance of this legislation but is this really a position that both sides want to pin all of their trade hopes on was certainly for the u. S. I think hong kong was a very important card to play and it was a way for trying to exert maximum leverage either sign phase one of the deal or i will sign off on the legislation that obviously has not worked and in fact backfired on china because china is clearly trying to separate the 2 issues one saying this is a political move and were talking trade these are 2 separate issues and we should try to keep them separate and so thats why they sanction the u. S. Vessels which clearly doesnt really have any effect at all whether no effect on trade no effect on Economic Activities the ....
Stalling further trade talks china has now hit back at the u. S. By suspending visits of u. S. Military vessels and aircraft to the city and sanctioning various u. S. Based n. G. O. S this is a calculated way to retaliate without affecting ongoing training goshi asians among the groups to be subject to unspecified sanctions are the National Endowment for democracy which receives funding directly from congress and Human Rights Watch which has long been plagued by accusation of its Revolving Doors and deep ties to u. S. Government these groups have been accused of fueling the riots in hong kong and supporting separatist activities and thereby undermining chinas National Sovereignty and security kristie i actually have a couple questions for you on this ....
This is how it looks at the moment. Nikkei feeling it at the moment although there is a deal on trade between the u. S. And japan. Nevertheless nikkei still 2. 2 percent down. Asx also feeling its. All in the red. Everything is negative as far as the market goes. Where is the money going . Lets have a look at what is going on. On top of that the u. S. 30 year. Gold up. At levels not seen since 2013 or thereabouts. 54 accounts. At one stage yen was at 144. 45 against the dollar. We have recovered a bit, 105. 24. There are all sorts of resistance. There we go. To the downside. 97, 51 for dollar, 30 yield 9. 81 . Money ise is where the going as people seek safety. Whats move things along and look at the first word news with selina wang. Macau has chosen a pro China Businessman as its new leader after a political process that featured no other candidates. Hell be the third leader since he territory was handed back to china in 1999 aft ....
Protests as police used Water Cannons for the first time. Manus welcome to daybreak europe. Ae question, are we just on staging post, all out 25 tariffs . Morgan stanley warned of a meaningful risk in the trade war of escalation and a risk of a global recession. If we move to 25 percent on all imports and it sticks. That is the new level of conversation. Escalation risk. Nejra extraordinary times. One trader talking about the fact that President Trump can wreak havoc in ways no one ever thought of. Weird would be one definition of it. Dollaryen, we have already traded through that. Dollaryen is the very personification of where you would want to lean in to. Yen againstlook at the lira. Demolition derby. The chinese vice premier, willing to solve the trade problem by dialogue and calm attitudes. You wantnt think that to buy treasuries at the lowest level since 2016, where migh ....