US Warns China Over Busan Trade Agreement

The US administration has called on China to immediately fulfill the terms of the Busan trade agreement. Washington argues that Beijing has not met its commitments to increase the supply of rare earth elements and other critical products. The US side states that these commitments are binding under the agreement and that the delay creates uncertainty in trade relations. China's current situation in the supply of critical products remains below the levels stipulated by the agreement. Rare earth elements are of strategic importance for many sectors, particularly technology and defense. Disruptions in the supply chain stand out as a risk factor in global markets and production processes. Washington's statement draws attention to the operation of monitoring mechanisms regarding the implementation of the trade agreement between the two countries. No official response has yet been received from China on the matter. Not investment advice.

📊 BABA — Piyasa Yorumu

■ neutral · 45%

BABA stock rose 8.4% in 24 hours to reach 109.12, with RSI at 73.5 entering overbought territory. MACD is in positive territory and the price is trading above SMA20/SMA50, indicating strong short-term momentum. However, a warning news report on the US-China trade agreement could create uncertainty for BABA, which has exposure to China, and may cause the rally to lose pace. With overbought conditions and news-driven risk combined, the direction is becoming unclear; there is no sharp decline signal, but upward momentum is likely to remain limited. A sideways-volatile trend can be expected in the short term.

RSI 14

73.5

MACD

1.87

24h Δ

8.42%

📊 9988.HK — Piyasa Yorumu

■ neutral · 45%

The news signals uncertainty in US-China trade relations and could limit risk appetite. However, 9988.HK has risen 5.16% in the last 24 hours and is trading above its SMA20 and SMA50; with an RSI of 55, it is not in overbought territory. Although the MACD is below its signal line, it remains in positive territory, indicating that momentum has weakened but not deteriorated. Since the news does not contain any concrete sanctions or cancellation of agreements, its impact may remain limited. In the short term, mixed signals prevail; confirmation is needed for an upward move.

RSI 14

55.6

MACD

1.36

24h Δ

5.16%

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