Yuan Won’t Be Overtly Used as a Weapon in Trade Talks, Says SocGen’s Daw

The transcript discusses the recent slump in currency and market adjustments following a Trump tweet. It explores market expectations and potential trade deal outcomes, including the possibility of a no-deal scenario. The discussion compares current currency pressure with the situation in 2018, highlighting factors like Fed interest rates and monetary policy. The transcript also examines the potential use of currency as a tool in the trade war, considering impacts on US-China talks and global supply chains.

What recent geopolitical event caused a shift in market expectations regarding growth risks?

• A tweet from Trump

• A new trade agreement

• A change in interest rates

• A natural disaster

In 2018, what was one of the main factors that influenced emerging markets?

• Global economic boom

• Fed tightening

• US monetary policy easing

• Chinese currency appreciation

How did China manage its currency during the pressures of 2018?

• By increasing interest rates

• By maintaining a fixed exchange rate

• By allowing significant depreciation

• By implementing capital controls

What is a potential consequence of allowing the Chinese currency to weaken during trade talks?

• Irritating the US trade delegation

• Reducing tariffs

• Strengthening US-China relations

• Boosting global economic growth

Which countries are particularly exposed to the global supply chain, as mentioned in the discussion?

• Brazil and Argentina

• Germany and France

• Korea and Taiwan

• Japan and India