Miller Magazine Issue:114 June 2019

91 MARKET ANALYSIS JUNE 2019 Drowned hope Elena Faige Pitek (Neroba) Head of Analytics Marcopolo Commodities SA “Beijing announced that nego- tiations would not resume until Washington corrects its wrong ac- tions, but Trump continued to talk about the possibility of an “early” conclusion of the deal. As part of his visit to Japan, the American leader said that the States were not ready to make a deal, but not- ed that a great agreement would be reached in the future. Tan Min Lang of UBS Global Wealth Man- agement believes that the parties can reach an agreement not earli- er than before the arrival of 2020. Trump, who hopes for re-election in 2020, will want to increase his chances of winning, and the Chi- nese authorities need to overcome economic uncertainty.”