Wise to Be Cautious on Yuan, Westpac's Callow Says

The video discusses the Mexican peso's performance, highlighting a potential US-Mexico deal and its impact on the market. It also covers the cautious market sentiment towards China trade, emphasizing the need for a defensive posture. The analysis includes risk indicators, market positioning, and upcoming risk events like the Fed meeting and potential tariffs on Chinese imports. The video suggests caution in trading, especially with the yuan, and highlights the importance of monitoring September's risk events.

How does the text suggest one should approach trading in the current market conditions?

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What significant events are anticipated in September that could impact the markets?

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