Les dépêches lundi, il est de plus en plus évident que Trump manipule les marchés avec cette histoire de Trade War
US President Trump is to delay the 1 March increase in trade taxes on US consumers who dare to buy goods partially made in China.
UK Prime Minister May is to delay the vote on exiting the EU to 12 March. Parliament will still vote this Wednesday on delaying the exit if the government’s deal is not agreed.
China does seem to be placing more emphasis on growth stabilization. This was a focus at the Politburo « study session », and was also implied in the PBoC monetary report. A credit surge seems unlikely, but the tone of policy has shifted.
The calendar is quiet. We hear from BoE Governor Carney, who can say little new given the EU divorce uncertainty.
Shanghai Composite Index jumped 5.6% on Monday amid positive signs that China and the U.S. will deescalate their trade war. https://t.co/O3PrDiiMsF