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US-China trade talks dented – Danske Bank
Piet P.H. Christiansen, senior analyst at Danske Bank, points out that the road to a ceasefire to the US-China trade war was dented yesterday, but remains on track to a solution.
“Senior officials were said to have reported that Trump-Xi may only meet in June and not, as recently reported, April. However, talks are still ongoing and the discussions at this final stage are difficult. Next week, the US’ Lightizer and Mnuchin are travelling to Beijing and similarly, the following week China’s He is going to the US in an attempt to solve the disputes, which are currently said to focus on the intellectual property rights, drug data and patents as well as the enforcement metrics.”
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Market focus
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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.
Session | Financial Centres | UTC/GMT OpenClose |
EET OpenClose |
Local Time OpenClose |
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Pacific | Wellington | 19:00 | 04:00 | 22:00 | 07:00 | 22:00 | 07:00 |
Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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Pacific | Sydney | 21:00 | 06:00 | 00:00 | 09:00 | 00:00 | 09:00 |
Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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Asian | Tokyo | 23:00 | 08:00 | 02:00 | 11:00 | 02:00 | 11:00 |
Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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Asian | Hong Kong, Singapore | 00:00 | 09:00 | 03:00 | 12:00 | 03:00 | 12:00 |
Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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European | 06:00 | 15:00 | 09:00 | 18:00 | 9:00 | 18:00 | |
Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenCloseе |
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European | London | 07:00 | 16:00 | 10:00 | 19:00 | 10:00 | 19:00 |
Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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American | New York | 12:00 | 21:00 | 15:00 | 00:00 | 15:00 | 00:00 |
Session | Financial Centres | UTC/GMT OpenClose |
EET OpenClose |
Local Time OpenClose |
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American | Chicago | 13:00 | 22:00 | 16:00 | 01:00 | 16:00 | 01:00 |