Commodities NewsFinancial NewsForex NewsNewsStock Market News

The US-China Trade Deal Concerns and Asia Opening

The US-China Trade Deal Concerns and Asia Opening

Asian markets slipped on Friday leaving global shares just short of an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war

Asian markets were sold off due to uncertainty over how U.S. markets will perceive the latest clash between Washington and Beijing over Hong Kong.

Traders on Wall Street will commence a half-day session on Friday following Thursday’s Thanksgiving holiday. U.S. S&P 500 mini futures ESc1 were down 0.26%.

China warned the United States on Thursday it would take “firm counter measures” in response to U.S. legislation backing anti-government protesters in Hong Kong.


  • NZ: Building Consents -1.1%a +7.4%p
  • JP: Tokyo Core CPI Y/Y 0.6%e 0.5%p, Unemployment Rate 2.4%e/p (yes two point four percent), Flash IP
  • EZ: GER U/R, Flash CPI 0.8%e 0.7%p, CORE 1.2%e 1.1%p, EZ U/R
  • CA: Monthly GDP, Industrial ProductionWEEK AHEAD:
  • Rate decisions out of Australia (Tue), Canada (Wed) & India (Thu)
    • As we’ve flagged before Poloz will almost certainly be on the sidelines despite previous BoC meeting, RBA could surprise with a cut despite recent comments from Lowe & we know the RBI are on a dovish skew
  • Data wise it will be a massive wk with ISMs, Final PMIs & Super Friday USA (NFPs, AHE, etc), plus we’ll also have 3Q GDP due out of Aus



Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.


Discord Channel

You can contact us via Skype User Name: Chartreaderpro

DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

Show More

Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.