Wary investors hope US-China talks cool high-stakes trade war

Each still wants to see how the other side copes with negative headwinds,

Ren said

If we come out of Geneva with people using incendiary language and strong disagreements, I don't think that's priced in,

said Czerwonko of UBS

This is the mother of all negotiations,

said Alejo Czerwonko, chief investment officer, Emerging Markets Americas, at UBS

When a single (social media post) from the president can make the market move 10 per cent, it becomes very costly

Ren said

We're still doubtful that direct US-China negotiations will lead to a 'grand compromise',

said Thierry Wizman, global FX and rates strategist at Macquarie, in a note to clients

To talk about any other scenario, you end up with a lose-lose outcome,

he warned

I can see trade deals coming with India, Japan and maybe South Korea, down the road,

he said

An increase in trade tensions is not in Switzerland's interests. Countermeasures against U.S. tariff increases would entail costs for the Swiss economy, in particular by making imports from the USA more expensive,

the government said last week

The best scenario is for the two sides to agree to de-escalate on the ... tariffs at the same time,

she said, ... adding even