Trade Talk Re-started
Sino-US Trade Talk resumed, but only diplomatic announcement carry on and no concrete result. Why Katherine has to re-start the talk? For China cannot fulfil the agreement and the deadline is on 15th January of 2022. What will Katherine do? Let the agreement be invalid or try all means to make it fulfilled? Or half and a half? Just Wait!
The US non-Farm Payroll shrank a lot but Unemployment improved a lot, it is a mixed outlook which means Tapering may not occur in the FOMC meeting of Nov 2 to 3, or not as sure as before. The coming week is the announcement of Q3 results, and also the FOMC minutes.