YAHOO! FINANCE’S THE TICKER INVITED LORI ZAGER TO APPEAR LIVE FROM THE NEW YORK STUDIO TO PRESENT OUR VIEWS ON RECENT TRADE DEVELOPMENTS AND CURRENCY TRENDS.
She pointed out that companies have already done much of their buying for the Christmas season, and as the trade war has dragged on, they have also shifted supply chains away from China. Both factors mute the market impact of delaying phase one of China trade deal. Further, she stated her belief that the dollar will weaken in 2020, particularly to the Euro, as the Federal Reserve is on hold at the same time the EU isfocused on using fiscal policy to stimulate the European economy. With regard to the Chinese currency however, a weaker Yuan will likely serve Xi’s political needs to meet growth targets.
