U.S. China Move Closer to Trade Deal Despite Heated Rhetoric

Try to use this "deal, or no deal" - play going on every single day, and you get tangled up in frustrations. USD up or down, gold up or down...?? It is like a moving average (MA). There is a play from both sides, with large changes /swings, but what is the overall move direction ? Donald thinks he can demand Chinese, something he can`t….maybe a surprice to him as he lacks foreign policy and understand little, or nothing to Asian culture.
I have stated this several times last 2-3 months on this FF site, while the trade war evolved, as lots of trader rookies and Donald fans are in disagreement to it. (Note: I am not seeking agreements to my arguments and statements) I seek the opposite. They are my edge and I dont follow the sheep herd - the 85%. and you find it all over on the different threads here). So for those that has heard a CNBC reporter or Donald himself say that the US economy is the greatest in the world and in history and in mankind…., I dont spend time on reading half, and will not be responding to it.
Back to the moving average (MA); what we have is Donald trying to get a deal for his needed results on all his promises and weird actions, that dont work all places. In my mind trying to hide his eagerness and say that China "need a deal", and his tin soldiers (Ross, Pompeo...etc) telling "soon a deal", and then waiting a long time, nothing happens as the US nego team "is taken for a ride", and then they name the disagreements the "phase 1" even talking about "phase 2"....LOL, and now when the Chinese has rejected all, and "surpriced" all markets that they really dont need a deal, as they in this meantime secured pork/ hogs from Denmark, Europe and the Soybean and oil from Latin America, then also make their own microchips (In Fact they manufacture most of the so-called intellectual property rights (patented) technology from several US companies. (Note, the 3 mentioned are the 3 largest China imports values to US + trucks and cars). They (Chinese) manufacture and distribute f.ex entirely the Apple iPhone, in the worlds largest Apple factory in Zhengzhou, With 350K employees there, and have done since iPhone 5. They know how to make the 5G Technology as it hits the market now, and now also announcing 6G release. Where are the US....? They claim infridgement on the technology, complaining Chinese are copying….LOL, so what do you expect ?? What did the Koreans do when taking over the Japanese manufacturing 20-30 years ago ?? Chinese dont know this Word...infridgement (?), or they simply dont care.

So where are we on the MA. Maybe seen some flat curve, but in my book it is tending in favor of the Chinese while US dont see this. Also the last "trick" from Donald, that is so easy to read that a 8 year old kid could tell everyone the intention behind the statement.....: "better wait until after the Election". Everyone, a bit awake know what he liked to pull here…..or not ?? It is to test the Chinese on their hunger or reaction. But surprice, Donald, they won`t, or they will smile to you and say : ok, we can wait. And ask yourself, who needs it more....Donald should need this to have fixed the Trade War before the Presidental campaign, and the Chinese knows this very well, and will use it.

As of now he only has failures, N.Korea, and they will not meet or talk. Sorry Donald fans,to step on your sour toes, but it is a fact, so far. And China is so far a failure "de lux", as they will not sign to the Donald terms, even he will claim so. I will not repeat the importance of South Asian culture as it is a major portion in the negotiation and the result. I was critiziced from a few rookies, and hillybillies only buying stuff on Amazon....LOL, but again that is OK. Then I know I have enough sheeps (or Dumb Money, as is the more well known term) on the other side of the trade. The ideas and positions I have is not only based upon western thinking and experience, as I lived, worked and traded in China, Singapore (83% Chinese Citizens), for 12 years. For the flip side of the coin, I also worked some 15 years in the Americas, North and South / Latin).
So the following week, and NeXT, we will have 3, 4 or 5 occations of "a deal is very close", and the same; " we will not make a deal now, or we consider now a phase 1, and also a phase 2 deal (meaning = we dont agree to most parts of the Trade deal, and will therefore not sign it). Cry wolf…!!
Finally, like to mention again my prediction and accummulation of China ETFs (buy calls) and put buying of SP500 shares, mentioned a few times last 3-4 weeks, which supports above view. Hope I did not muddy the waters now….LOL.

As Bloomsberg Terminal subscriber,it is definitely not worth it.It is just a rumor and there is no concrete facts in the news.The problem is,bots are respecting these trashy news as if the news is worth something.

I totally agree and it is also my point of view , the main thing is as you say " they understand little on nothing to Asian culture" and it is a big mistake !

Why do you hate candles so much that you covered them up?

But its hard to imagine a big fall, we are at the end of the year...Trump wants his +25% rise in Equities for the year end

Deal is hurting Chinese market....US is so good so far

The USA doesn't need low quality chinese junk. THE USA doesn't need china at all and can go it alone as china collapses. Thats the bottom line.

Trump is more desperate for deal than he'll ever make out hence why his team jaw bones about a deal every single day. This phase one should have been signed a month ago and it's still getting close every day meanwhile stocks have overshot previous all time highs when there wasn't a trade war, there wasn't a global slow down. If there was ever a deal the entire market is all over priced by a good 10-20% with nothing but hot air. Trump's got to keep this momentum going for another 12 months yet

fake news!

Of course there are two sides here. The US argument though is not logical. It is saying that we believe in free trade but we are adopting protectionism until our position is improved. This is akin to saying 'we are against whipping but we are going to whip you until you change your position in our favour. My point is that this is a losing strategy.

Now looking at the Chinese side as responders. They say 'you are listing issues which have some merit to be addressed and we have tried within our context to address them. Forcing these issues into a short timeframe is not helpful and just as US continues to manage it's own protectionist stances within domestic political constraints so do we. But we have shown that the way forward is using market economics reforms and we are sticking to that agenda. From our viewpoint strong threats do not lead to efficient dialogue and resolution of issues.'

This is a joke really....and markets believe every words..

It is....Trump and his friends want a stock market up +25/30% this year and show how strong is USA

But its running on fumes...nothing good

Twitter should block everything related to FX especially from sources capable of market manipulations.

It's news to accompany the impulse move .

You don't go from this news yesterday

Trump: Probably Better To Wait Until After The Election For The China Deal

Ross: Trump's objective on U.S.-China trade deal haven't changed - CNBC

to this headline above

Risk off

U.S. Trade Representative Robert Lighthizer’s office didn’t respond to a request for comment. China’s Ministry of Commerce didn’t immediately respond to a fax seeking comment on tariff rollbacks.

as far as i remember, this guy himself was the one of those who pumped by untrue positive news. I don't why he's now complaining about what he was doing before. don't put it on Americans man.

If a trade deal were struck it would have a neg effect on usa growth. I believe we are in the dawning age of resurgent manufacturing growth in the usa, underpinned by expensive imports. It will take a while before this shows up on expansion figures. A deal would collapse this opportunity. Remember, tariffs are good for the usa!

Do you mean in the likes of iPhone? That slows to a croach within a year????

Yes, I do agree I don’t possess such junk!

Let’s make your country great again...!

News (spurious and otherwise) and bots are the trading strategy of 2019. General volatility is too low for much else. It's a shame really. A headline like this is utter nonsense.... as have each and every headline been re trade talks optimism.

Trump==no trade deal.

Gold will be back up by the end of the day.

Just a little of the news we don't see.... Here's the Chinese government twitter mouthpiece:


So clearly, on the Chinese side nothing has changed. The US is doing everything it can to kick the can. The harder it kicks the can down the road, the more the chance of a sustained market rally and Trump re-election. That was the genius of the phase 1 idea. But, China keep forcing the hand of Trump and speeding up his play.

Again, there will be no trade deal people. China will only consider a deal that makes them look victorious (never going to be offered by US) otherwise their goal is to oust Trump. It's that simple.

Did you get that rumour 2 mins ahead of us..?

I thought you had that advantage... thanks for clarifying.

The source:
https://www.bloomberg.com/news/articles/2019-12-04/u-s-china-move-closer-to-trade-deal-despite-heated-rhetoric-k3r2o99u

It is just an advertisement campaign.

Of course not.
They will not allow such advantage to subscriber.
For them,subscriber are just herds which are expected to follow big players and tips like this after they laid traps.

and here's another bit of news to annoy the Chinese

https://www.bbc.co.uk/news/world-us-canada-50653864

US House votes for sanctions on Chinese officials over Uighur treatment

Calm before the storm

I doubt the selling has finished yet . That certainly wasn't a correction of sorts so expect another bout along soon

LOL

after gold broke the strong resistance 1483, I think Gold will finally drop to 1424 by the end of Dec.

So can dxy free fall again? This news is sooo pure manipulation

Broke the market lol hehee

Of course closed my buy 2 min too early...

China warns U.S. over Uighur bill, raising doubts over early trade deal
https://www.reuters.com/article/us-usa-china-xinjiang/china-warns-u-s-over-uighur-bill-raising-doubts-over-early-trade-deal-idUSKBN1Y72P6

So, you suggesting Trump is in control of the market and wants Markets go upside? Then why he is KILLING China and conducting a trade war? There is a big hole in your logic.

All these purely anti-Trump folk on here.
None of us know EVERYTHING that's happening behind closed doors in these trade talks.
Trump simply spoke, publicly, a threat in the form of the "take away." He took away any real hope for China that this trade war will end - even putting forth the proposition that we are willing to wait as long as we need to. We won't buckle, and China is the one who needs this thing to be resolved and soon.
So, China - within hours - gave in on some point behind closed doors because Trump just told them straight up that this may not resolve until after the 2020 election. The Chinese noticed our countrymen didn't flinch. China backed off. Trump is not willing to cede to the Chinese. None of us should be. More winning! Get out of gold and get in the market while it's cheap. The great implosion is still way off - even as far out as late 2021. Bruhh!

Criminal market manipulation is rampant in the age of Twitter.

don't you love the markets at the moment, you've got to laugh, its better than TV !

What? Really? This piece of hear-say Bloomberg news actually made such a splash?

why can't these big fish just let the market run without politics

Wairig for trumph's tweets. Lets market dances

Gold is being consolidated.
Trade war news is just one of distortion.
Yesterday hot . Today cool. Just like this everyday.
Trust your chart and TA's. Try to follow the market

Lol...

..... and the Market Makers rake it in yet again!!

gold again and usd back short

You must pay 2000 dollars a month to view this horrid trash news.

It is not a crime,because there is no concrete law about FX market manipulation.
This is not a stock market,you must know.
You can manipulate the market as you want as much as you can.

This is not a news. Read my view at https://www.forexfactory.com/news/966841-ross-trumps-objective-on-us-china-trade-deal-havent#post12646769 to know why this is not a market mover news.

guys i am literlly new to this trading as well as to this forum , i just want to know what kind of news actually affect the gold , and whats your long term bais on gold guys??

There WILL BE NO trade deal with Communist China. Wall Street crooks just spread desperate rumors through fake news MSM.

If that were the case we'd see a proportionate uptick in raw material orders and cost, as well as factory construction. This has been somewhat the case, but nothing substantial. AI and automation around the next 10years in the USA is what's going to boost manufacturing here and cripple the Chinese economy if nothing else changes for them.

I think is time to stop with all this bullshit, not enough time for a trade deal, Trump will raise all tarrifs against China on 15-th December...after, we will see....

So now Trump will deny it and it'll fall through the floor

Really don't need politics playing games with markets.

I honestly blinked twice and the next thing there was just spikes everywhere. Pigs got slaughtered.

they talk all they want but the final result is on 15th anyway