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5 Dec 2016
US President elect Trump twits on China, market shrugs off comments
Donald J. Trump, President elect to the US, wrote in his Twitter account, the following:
"Did China ask us if it was OK to devalue their currency (making it hard for our companies to compete), heavily tax our products going into.."
The market has so far ignored the comments, not getting much play given that the focus remains in the Italian referendum results.
Should China respond to the comments, it may cause some deterioation of the 'riisk off' sentiment currently seen, following the 'No' victory in the Italian referendum.