U.S., Swiss Franc Still True Safe Havens, Says JPMorgan’s Cavenagh

The video discusses market concerns over the phase one trade agreement and the situation in Hong Kong, focusing on safe haven currencies like the yen, dollar, and Swiss franc. It highlights the resilience of the dollar-yen pair despite global economic headwinds and the ongoing US-China trade conflict. The video also covers the escalating tensions in Hong Kong and their impact on US-China relations, with a focus on the economic implications and potential trade deals. The preferred strategy for dealing with the uncertainty in the market is through options rather than cash trades.

Which currency pair has shown surprising resilience despite global economic challenges?

• Euro-Pound

• Dollar-Yen

• Pound-Yen

• Euro-Dollar

What is the primary focus of US Senator Mitch McConnell regarding the situation in Hong Kong?

• Promoting economic growth

• Supporting trade agreements

• Enhancing military presence

• Backing pro-democracy protests

What is the market's main concern regarding the US-China trade conflict?

• Environmental issues

• Military tensions

• Cultural exchanges

• Economic implications

How is the strategy for the Chinese currency being expressed given market uncertainties?

• Via options

• Through direct investments

• Through cash trades

• By increasing interest rates

What is the potential impact of the US-China trade conflict on the economic relationship between the two countries?

• Improving environmental policies

• Strengthening cultural ties

• Enhancing military cooperation

• Straining economic relations