What’s Next? Trade Developments and Inflation in Focus
Traders should closely monitor trade developments after the escalation and de-escalation in the US-China trade war.
Renewed trade tensions would likely trigger another flight-to-safety, sending AUD/USD and the Hang Seng Index lower. On the other hand, a further easing in trade tensions could lift sentiment.
While trade developments will be key, upcoming Chinese inflation data will also influence risk appetite. China will release inflation