This Morning’s Log Entry

Chinese equities bucked the trend last night by not following Wall Street’s lead lower; the Shanghai and Shenzhen indexes closed up .9% and 2.2% respectively. New fiscal and monetary stimulus, along with the promise of a trade truce, is inspiring a risk-on mood in China.

As for the U.S., mixed messages on trade from Washington has equity traders guarded after a strong rebound off of the 12/24 lows: Worries over how the U.S. will approach Europe weighs heavily, and Trump’s Monday decision to revoke India’s and Turkey’s preferential trade status is – to say the least – not inspiring confidence.

The growing sell-the-China-trade-deal-announcement sentiment is on the mark if indeed the White House does not – after finalizing the China trade deal – soften its tone with the rest of the world! If it does, however, soften (or, at a minimum, does not harden), the shorts betting on a selloff will serve to exacerbate the upside as they run for cover on the attendant strong market rally…

Share:

Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat