Singapore, Dec. 9 -- With the Dec 15 deadline for the United States to slap additional tariffs on US$160 billion (S$218 billion) of Chinese imports looming, investors no doubt are keeping their eyes peeled for developments on the US-China trade front.
This has been the case for much of the past 11/2 months, during which sentiment in the markets has risen and fallen with headlines of progress, or the lack of it, of a "phase one" trade deal between the two giant economies.
While there is still no confirmation on when the interim agreement will be signed, or concrete details of what will be covered, US President Donald Trump and Treasury Secretary Steven Mnuchin have acknowledged that the progress has been encouraging.
FXTM market analys...