Amundi's Defend Not Surprised by Elements of U.S.-China Phase-One Deal

The video discusses the Phase One trade agreement between China and the US, highlighting market reactions and economic implications. It covers the diminishing trade uncertainty, structural changes in the global economy, and China's financial market opening. The PBOC's role in market stability and investment strategies in emerging markets are also explored. Finally, the video speculates on the Phase Two agreement and its potential timeline.

What was the general market reaction to the Phase One trade agreement?

• In line with expectations

• Surprised and unprepared

• Completely negative

• Overly optimistic

How did the Phase One agreement impact economic uncertainty?

• It caused a recession

• It reduced uncertainty

• It had no impact

• It increased uncertainty

What structural change is mentioned as a medium to long-term trend?

• Globalization

• Technological stagnation

• Increased trade barriers

• De-globalization

What is a key focus of China's financial market strategy?

• Closing off to international markets

• Maintaining currency manipulation

• Opening up to the world

• Increasing tariffs

What is the outlook for Phase Two of the trade agreement?

• It is already in place

• It is expected soon

• It is unlikely before the election

• It is irrelevant