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US markets are rising, expecting a positive development in trade negotiations

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US markets have rebounded from their earlier days after the rhetoric of the Chinese and US delegations, as well as Trump's softened, with recent news indicating a positive result from the two-day meeting.

Lastly, things are as follows: Delegations are continuing the negotiations diligently, with the Chinese remaining on Friday. Earlier there were rumors that the Chinese might leave early, which worsened sentiment. The Chinese side is also ready for a partial deal, and the US is looking for a way to include the previous currency pact. China plans to seek clemency from one of its top shipping companies, currently sanctioned by the US for buying oil from Iran. It became clear that the Chinese buy pork from the United States in huge quantities.

At the moment, the US session is completely dominated by the trade war, at which point they respond with raises as investors await the next series of rumors or news.

DJIA is up 1.80% from the bottom, its S & P500 up 2% and the NASDAQ up 2.30%. The yield on 10-year bonds is rising and holding up to 1.65%. Oil is up 1.40% from its earlier bottom and gold is down 1.30% from its earlier peak.

There is optimism about the Brexit talks.


 Trader Martin Nikolov

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