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Trump hopes for a trade deal with China!

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It was news that President Donald Trump approached an agreement with China. Highlights:

  • The United States wants to enter into a trade deal, but is not yet a viable option
  • The US may not impose additional tariffs on China
  • Trump says China is ready with its list of requests and proposals on the deal

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.


 Trader Martin Nikolov

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