Yen, Gold Are Good Safe Havens if No Mini U.S.-China Deal, Says BofAML’s Sinha

The video discusses the ongoing US-China talks, highlighting that China is unlikely to make concessions, and any interim deal would require US flexibility. The potential outcomes include a mini trade deal or increased tariffs, impacting markets, especially in Asia. Currency movements, such as the dollar-yen and dollar-CNY, are analyzed, with safe havens like the yen and gold being favorable. The implications of tariffs on Asian currencies and the PBOC's potential actions are also explored.

What safe havens are mentioned in relation to the potential outcomes of the trade talks?

What implications does the speaker suggest if the tariffs go ahead on the 15th of October?