Exante Data's Nordvig Says Markets Should Care About U.S.-China Trade Truce

The video discusses the market's reaction to the first instance of trade rollback between the US and China, highlighting the impact on various currencies. It explores the resilience of emerging markets amid trade deals and the influence of global risks like Brexit and the US-China trade war on portfolio management. The dynamics of the FX market and the role of European interest rates are also examined.

What is the significance of the recent rollback in tariffs between the US and China?

• It marks the end of the trade war.

• It leads to increased tariffs.

• It is a turning point in trade relations.

• It has no impact on global markets.

How did the Sing Dollar and Philippine Peso react to the trade developments?

• Both currencies remained stable.

• The Peso had a three-figure move, and the Sing Dollar had a two-figure move.

• The Sing Dollar had a three-figure move, and the Peso had a two-figure move.

• Both currencies depreciated significantly.

Why is the UK election relevant to global market risks?

• It directly affects the US-China trade agreement.

• It influences the potential for major global risk events.

• It is unrelated to global market risks.

• It only impacts the European markets.

What is the nature of trades in emerging markets according to the discussion?

• They are highly volatile with no capital appreciation.

• They offer positive carry and potential capital appreciation.

• They are risk-free and stable.

• They are only beneficial in the short term.

How has the European Central Bank's forward guidance affected European interest rates?

• It has made them more responsive to global growth.

• It has disabled their movement with the global cycle.

• It has no effect on them.

• It has increased their volatility.