G20 comes into focus - TDS

IN view of analysts at TD Securities, we have reached a critical point in the US-China relationship with President Trump and President Xi scheduled to meet at the G20 in Osaka, Japan later this week.

Key Quotes

“While preparations began last week following the call between Trump and Xi, both sides have tried to manage expectations by painting this as a step to reset negotiations rather than a venue to strike a larger deal. Our base-case is for the meeting to yield a new round of talks on a pre-arranged timeline, with some minor US concessions to keep China at the table.”

Swiss-EU relations strained - ING

Charlotte de Montpellier, economist at ING, suggests that the months pass and nothing changes with regard to the negotiations between Switzerland and
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USD/JPY stages modest rebound to mid-107s in early NA session

The USD/JPY pair spent the first half of the day in a tight range below the 107.50 mark and staged a modest rebound during the American trading hours.
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