It was news that President Donald Trump approached an agreement with China. Highlights:
US indices with a strong impulse upward. On the chart: DOW JONES M15.
US indices with a strong impulse upward. On the chart: DOW JONES M15. The news has created an impulse from the sudden execution of purchase orders as investors have accepted the news as a good signal that the trade war may turn back. This at the whole scale of events does not mean that we have something specific, final and complete. We have witnessed a purely speculative trade. For the time being, the only clear thing we have is that the indices react extremely sensitively to any news on trade talks and that Trump and Xi Jinping are on the right track.
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