Yesterday the political theatre in Washington was again in the focus of the markets! Trump had the transcript of his conversation with the Ukrainian president published – and it raises more questions than there are answers. The US President’s serious assessment of the situation shows two things: this morning (Washington time) he had all the Republican senators called in to show them the transcript. And he’s trying to keep the markets high with his statement that a deal with China will come faster than we can imagine. So Trump is playing on the markets’ keyboard of hope, but in fact he is more battered than ever before in his tenure. Why should China meet the USA and Trump in this situation with concessions beyond the already painless purchases of US agricultural products?
Recently, China has threatened the USA through its State Department. It would “take all necessary measures to strike back decisively” against the USA. This was because of the threat of US sanctions because of the […]
Why does Trump need to make a deal with China? The trade dispute between the USA and China has already lasted one and a half years. With more and more mutual escalations. Until in late […]
OPEC has published its monthly report with production volumes at the end of January. From the end of December to the end of January, the total production quantity fell by 509,000 barrels per day to […]