China is trying to avoid the risks associated with the possibility of a trade war. Because of this the Chinese authorities have decided to give more freedom of automobile corporations such as Ford Motor Co., for competition on the world's largest market. However, others have introduced anti-dumping measures against the United States. US Secretary of Economics Steven Mnuchin condemned the indictment statement by President Donald Trump against China. At the moment, the parties are trying to use talks to come to an agreement which will be mutually beneficial and would not lead to a drop in the global economy. A trade war between the two largest economies in the world can push the world markets into a crisis.
At the time of yesterday's trading session the dollar played a few positions. The stock market opened in the green zone at the beginning of the American session.
Also on the world stage another reconciliation might be possible. Donald Trump in one of his comments about the forthcoming meeting with the North Korean leader said that South and North Korea may soon declare a truce. This could be a good stabilizing factor in the markets and increase interest in risky assets.
