UBS: US-China trade deal could boost risk assets

In view of analysts at the Union Bank of Switzerland, risk assets are likely to get a boost from near term US-China trade deal and an extension of talks is in line with their view, that a further increase in tariffs can be avoided.

Key Quotes

“We continue to believe that the US–China dispute over trade is a symptom of a much deeper conflict for technological supremacy that will prove far tougher to resolve.”