us firms may have sold more to china than chinese firms
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US firms may have sold more to China than Chinese firms sold to the - PowerPoint PPT Presentation

US firms may have sold more to China than Chinese firms sold to the US in 2017 Trade balance vs sales balances (in billions of USD) Source: Deutsche Bank, BEA, China Customs, IMF CDIS, WIND, June 11 th 2018 Federal Reserve hikes rates for the


  1. US firms may have sold more to China than Chinese firms sold to the US in 2017 Trade balance vs sales balances (in billions of USD) Source: Deutsche Bank, BEA, China Customs, IMF CDIS, WIND, June 11 th 2018

  2. Federal Reserve hikes rates for the second time this year Upper bound of Federal funds rate reaches 2% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0% 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 Federal Funds Target Rate - Upper bound Source: Bloomberg, June 15 th 2018

  3. Bunds rallied during the ECB’s press conference Yields fell from 0.5% to 0.44% Source: Bloomberg, June 14 th 2018

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