gave up early gains to drift away from a recent 13-month high after data showed the country's core machinery orders fell for a third straight month.“The China-U.S. trade war and the Hong Kong protest are combining to cast a negative pall on Asian markets today,” said James McGlew, analyst at stockbroking firm Argonaut.
In currencies, the Japanese yen gained on the dollar to 109 while the Australian dollar, a liquid gauge for risk, was off slightly at $0.6856.Market attention was also on the U.S.-China trade talks. “Despite his bluster that ‘China wants a trade deal more than I do’, markets sense that Trump is likely quite keen to call a truce on what is becoming a serious U.S. economic risk heading into the 2020 election year,” said David Bassanese, Sydney-based economist at Betashares.
He noted the negotiations were “starting to drag on in a disturbingly Brexit-like manner,” referring to Britain’s divorce deal with the European Union which is still up in the air almost three years after the country voted to leave the bloc.
When I tried to repost this article THIS is what came up. Nice bait and switch, Reuters.
On November 11, protesters in Hong Kong set fire to a man who disagreed with them during a citywide protest. This was announced on Monday by the radio station RTHK.
Soros’ is hoping to crash the currency and stock market. He doesn’t care about free speech or the people of Hong Kong. He wants a global depression.
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