Trump backs ‘One China’ policy, what does it mean for the markets? - Tip TV

Trump has agreed to honour ‘one China’ policy. This is a complete U-turn and the consensus is that it would help stabilise risk sentiment.

Matt Brown, Independent Market Strategist, believes Trump’s phone call with China’s Xi with help ease tensions somewhat, however, it is still too early to rule out trade wars/currency wars with China. Brown also sheds light on the stellar China data released earlier today.

Other key topics discussed in the segment are - Oanda FX sentiment, Italian banks, Outlook for US indices and Broker Recommendations.

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