The G-20 meeting turned out as expected and markets are likely to be relieved by US-China ties staying on track, says Uwe Parpart, chief strategist at Capital Link International.
“According to both Trump and Xi, their meeting went well, both in terms of North Korea and in terms of trade,” explained Parpart. “With Putin and Trump things also went well and they concluded a ceasefire in Syria. So from a market standpoint things went very well.”
Parpart, who was speaking on CNBC’s Street Signs program, is also editor of Asia Times.