NEW YORK: The ebb and flow of trade tensions between the United States and China has roiled financial markets for months, and with the December deadline for higher U.S. tariffs on Chinese goods approaching fast no asset class is immune to trade-related risks.Advertisement
Despite assurances that both Washington and Beijing want a trade deal investors are acutely sensitive to the very real risk that the latest round of trade talks could end without a deal. Currency markets have also been swayed by trade headlines. Increased trade tensions between Washington and Beijing have generally been supportive of the dollar as investors view the United States to be in better shape than its rivals to weather a trade war.
Graphic: U.S. dollar speculative positions - https://fingfx.thomsonreuters.com/gfx/mkt/12/7189/7120/cftc.pngFor S&P 500 options contracts expiring in December, put options, which are typically used for bearish bets, make up 14 of the top 20 largest blocks of open contracts, according to options analytics firm Trade Alert.
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