To answer a question that worries all market players at the moment: Would looming trade wars destabilize currencies, bonds, gold and equity markets, Picking Alpha has addressed to Dan Gramza. Dan answers the following questions:
- The first question is of course about real possibilities of USA-China trade wars. As it was suggested by Peter Navarro President Trump is willing to start negotiations with China regarding the tariff which both countries were going to introduce in the mutual trade, do you think it is still possible that these negotiations could achieve win-win solutions?
- The market volatility generally is on the rise, could you please explain why does it happen and is it an indicator of the long term tendencies or just the answer to the USA-China trade problems?
- Amid news on negotiations between USA and China US dollar went up, how could it affect commodities prices expressed in other currencies and consequently the trade?
- After the EU and UK negotiated on the Brexit transit period pound began its bumpy ride while now for some time it is on a rise, what is your opinion can pound continue to climb up?
- How bonds markets react on news of negotiations between China and USA?
6. And what happens with Gold futures?
Dan Gramza is President of Gramza Capital Management Inc. and DMG Advisors, LLC. He provides daily market updates from around the globe on subjects ranging from the Nasdaq and currencies to crude oil and grains at dangramza.com.
Gramza is a widely traveled consultant and market educator. He has presented trading courses in over 35 exchanges, 450 countries, four regulators and 35 countries.
He has published works in Australia, Europe, Japan, and the United States. He has appeared in the media on CNN‘s “Moneyline” program, Reuters TV, Bloomberg TV, ROB TV in Canada, WCIU-TV in Chicago and as a market analyst for the CME. Additionally, he has given expert testimony in Federal court.
Previously, Gramza was a member of the Chicago Rice and Cotton Exchange, which was merged into the former MidAmerica Commodity Exchange. Also, he was an adjunct faculty member of the Illinois Institute of Technology master’s program in Financial Markets and Trading.