{"id":2232,"date":"2019-12-13T10:30:00","date_gmt":"2023-03-31T20:18:19","guid":{"rendered":""},"modified":"2024-05-28T07:57:58","modified_gmt":"2024-05-28T07:57:58","slug":"market-recap-phase-1-us-china-deal","status":"publish","type":"post","link":"https:\/\/blog.zulutrade.com\/fr\/market-recap-phase-1-us-china-deal\/","title":{"rendered":"Market Recap \u2013 Phase 1 US China deal"},"content":{"rendered":"<p>As of today, the new majority of the Conservative Party in the UK Parliament is a fact. The <a href=\"\/post\/2019\/12\/12\/market-recap-uk-elections-christine-lagarde-press-conference?utm_source=ZBlog&amp;utm_medium=mkt&amp;utm_campaign=marketnews\">GBP has recorded a significant spike once the exit polls have been announced which is now followed by the selling of the fact.<\/a><\/p>\n<p>A bigger stone agitating <a href=\"https:\/\/www.zulutrade.com\/charts#\/trading?utm_source=ZBlog&amp;utm_medium=mkt&amp;utm_campaign=marketnews\" target=\"_blank\" rel=\"noopener\">financial markets<\/a> &nbsp;than the expected UK election results, has been a new tweet from Trump.<\/p>\n<p><img decoding=\"async\" src=\"\/image.axd?picture=\/2019\/131219\/Trump announcing the signing of US China.PNG\" alt=\"\" title=\"\"><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-12-12\/u-s-reaches-deal-in-principle-with-china-awaits-trump-sign-off\" target=\"_blank\" rel=\"noopener\">President Trump will sign off a phase-one trade deal with China<\/a>&nbsp;today, averting the Dec 15 introduction of the new wave of increased tariffs on about $160bn of consumer goods from China. Equities recorded new highs, EUR, AUD, CAD, CNY increased significantly. The Chinese currency has given back some of its yesterday&rsquo;s gains, as <a href=\"https:\/\/www.theguardian.com\/business\/2019\/dec\/12\/us-china-trade-deal-in-principle-tariffs\" target=\"_blank\" rel=\"noopener\">Beijing remains silent to the new developments<\/a>.<\/p>\n<p>The fist press conference of Christine Lagarde as the head of the ECB had little effect on &nbsp;<a href=\"https:\/\/www.zulutrade.com\/charts#\/trading?utm_source=ZBlog&amp;utm_medium=mkt&amp;utm_campaign=marketnews\" target=\"_blank\" rel=\"noopener\">financial markets<\/a> direction. ECB kept its monetary policy unchanged. Mrs. Lagarde read her opening statement and <a href=\"https:\/\/www.youtube.com\/watch?v=ucuSp2QiK_I\" target=\"_blank\" rel=\"noopener\">before opening the Q&amp;A session, she made sure<\/a> to clarify to the press than her replies should not be over-interpreted, should not get second guessed, should not cross referenced. The new point to keep in mind, is that the ECB will start its Strategic Review on January 2020 with the intention to conclude it within the end of 2020.<\/p>\n<p><strong>Macro releases: <\/strong>Today&rsquo;s <a href=\"https:\/\/www.zulutrade.com\/calendar?utm_source=ZBlog&amp;utm_medium=mkt&amp;utm_campaign=marketnews\" target=\"_blank\" rel=\"noopener\">economic calendar<\/a> is short and includes the US retail sales. The focus is on the US-China trade deal.<\/p>\n<p><u>Disclaimer<\/u><\/p>\n<p>The views expressed do not constitute investment or any other advice \/recommendation \/suggestion and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Opinions expressed in the report do not represent the opinion of&nbsp;<a href=\"https:\/\/www.zulutrade.com\/?utm_source=ZBlog&amp;utm_medium=mkt&amp;utm_campaign=marketnews\" target=\"_blank\" rel=\"noopener\">ZuluTrade Social Trading Platform<\/a>&nbsp;and do not constitute an offer or invitation to anyone to invest or trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of today, the new majority of the Conservative Party in the UK Parliament is a fact. The GBP has recorded a significant spike once the exit polls have been announced which is now followed by the selling of the fact. A bigger stone agitating financial markets &nbsp;than the expected UK election results, has been [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2232","post","type-post","status-publish","format-standard","hentry","category-market-view"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_last":["4"],"rank_math_og_content_image":["a:2:{s:5:\"check\";s:32:\"76a88ff98edec0506d7f77f03f41619d\";s:6:\"images\";a:1:{i:0;s:76:\"\/image.axd?picture=\/2019\/131219\/Trump announcing the signing of US China.PNG\";}}"],"rank_math_analytic_object_id":["308"]},"pll_post_group":null,"_links":{"self":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/comments?post=2232"}],"version-history":[{"count":1,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2232\/revisions"}],"predecessor-version":[{"id":3951,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2232\/revisions\/3951"}],"wp:attachment":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/media?parent=2232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/categories?post=2232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/tags?post=2232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}