Good morning. Yesterday the US and China announced that they have agreed to a framework to restore a trade-war truce. The details are sparse, but it appears that there will be concessions from China on rare earths and magnets, and the US will soften some technology export controls and visa restrictions. The market did not get excited: the S&P 500 finished the day down 0.3 per cent, and Chinese markets only rose a little. Email us: unhedged@ft.com.
早上好。昨天，美國(guó)和中國(guó)宣布已就恢復(fù)貿(mào)易戰(zhàn)休戰(zhàn)達(dá)成框架協(xié)議。雖然細(xì)節(jié)尚不明確，但看起來(lái)中國(guó)將在稀土和磁體方面作出讓步，而美國(guó)則會(huì)放寬部分技術(shù)出口管制和簽證限制。市場(chǎng)反應(yīng)平淡：標(biāo)普500當(dāng)日收跌0.3%，中國(guó)金融市場(chǎng)也僅小幅上漲。如有意見(jiàn)，請(qǐng)發(fā)郵件至：unhedged@ft.com（風(fēng)險(xiǎn)管不管）。
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