US-China trade talks: A guilty silence leads to risk off tilt.

BOE metting at 12:00GMT

The mood of the market has gone from neutral/cautious to slightly negative/cautious as the US is taking too long to respond to China’s tariff rollback requests. The silence indicates something is wrong.
BOE metting at 12:00GMT
It’s like the silence you get in class when Bobby has hidden the teachers glasses and everyone knows , but no-one is going to tell the teacher. A guilty silence. That’s what we have now. Something seems to be upĀ , so JPY crosses are getting bids and we are seeing risk off moves. AUD, NZD weakness and JPY, CHF strength

Currencies risk on