that's steven saywell from bnp paribas. >>> for now follow us on twit r twitter @streetsignscnbc and tweet us directly also >>> coming up on the show, will it be a hole-in-one for mickelson or will tiger snatch a birdie join us after the break as we dive into the unprecedented golf showdown >>> welcome back to "street signs. shares in nokia and ericsson have risen on the back a report that the u.s. is pushing allies to shun huawei these are all nations that host u.s. military bases and plans to boosttelecoms aid that don't use chinese technology are being considered >>> the chinese yew cuan softeno the back of data that the central bank spent more of the currency last month. the chinese yuan has lost over 6% against the greenback so far year to date we are joined once again by steven saywell from bnp paribas. all eyes are on the g20 summit coming up. give us a sense of how investors are positioned in terms of fx going into this event and where do you see the yuan going if we do see a resolution on trade >> really good question. again, i refer back to our positioning monitor at bnp pa