Dax: Unpleasant mixture..and new developments in the trade war USA-China

The hope for a deal between the USA and China is disappearing more and more. It has already been priced in so often. Beijing made it clear at the weekend that the talks would only be resumed if the Americans were to withdraw tariffs and lift the Huawei ban. It seems not likely that Trump will take action in this direction.

Now there are new developments in the trade war that show that things are escalating – a few minutes ago the editor-in-chief of the “Global Times” tweeted that China would give a warning about studying in the USA:

This is Beijing’s reaction to the restrictions on issuing visas to Chinese citizens. Washington has justified these restrictions with the danger of intellectual property theft!

In addition there is now a second front in the trade war with the US tariffs against Mexico – a toxic mixture…

The Dax has its own themes: the political uncertainty as to whether the Grand Coalition will continue after the Nahles resignation – and Deutsche Bank is slipping below the six euro mark.

A compact assessment of the current situation on the markets is given by Jochen Stanzl:

This is Beijing’s reaction to the restrictions on issuing visas to Chinese citizens. Washington has justified these restrictions with the danger of intellectual property theft!

In addition there is now a second front in the trade war with the US tariffs against Mexico – a toxic mixture…

The Dax has its own themes: the political uncertainty as to whether the Grand Coalition will continue after the Nahles resignation – and Deutsche Bank is slipping below the six euro mark.

A compact assessment of the current situation on the markets is given by Jochen Stanzl:

This is Beijing’s reaction to the restrictions on issuing visas to Chinese citizens. Washington has justified these restrictions with the danger of intellectual property theft!

In addition there is now a second front in the trade war with the US tariffs against Mexico – a toxic mixture…

The Dax has its own themes: the political uncertainty as to whether the Grand Coalition will continue after the Nahles resignation – and Deutsche Bank is slipping below the six euro mark.

A compact assessment of the current situation on the markets is given by Jochen Stanzl:

Photo: Deutsche Boerse AG

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