Apple iPhone production increases post Huawei ban
However, the ongoing trade tension is not going to benefit the iPhone-maker in the long term as Huawei is expected to unveil its mobile OS for customers in China initially, then other markets.
However, the ongoing trade tension is not going to benefit the iPhone-maker in the long term as Huawei is expected to unveil its mobile OS for customers in China initially, then other markets.
"The rupee is under pressure as the trade tension escalated between US and China. Global markets are also under pressure hence the rupee is weakening. In coming sessions, volatility is expected to rise in the rupee as the date of election results approaches," said Rushabh Maru, Research Analyst - Currency and Commodity, Anand Rathi Shares and Stock Brokers.
Talks between US and China are scheduled to be held on Monday and Tuesday.