Although growth in the world market goes on today, it is still not as strong and fast as we need it to be. One can say that trading today is mixed as Asia simply can’t deliver and satisfy all of traders who ran there as European trading is flat at the moment and American markets are closed for the holiday.
As the end of the trading week approached we can clearly see that traders have doubts about their optimism on trade talks. It seems that the closer we get to trade talks, the more obvious it becomes to us that nothing is going to change and that trade war is far from over.
The week begins with the perfect growth of every segment of the market. It is refreshing to see Asian market, world equities and commodities finally go in the same direction – up. The only major losers today are the American tech and social stocks. They experience a decline even though that the conditions of the market allow then to grow.
Asian numbers along with the American futures are performing steady with no rapid changes as Us announced that they are considering having no additional tariffs for China for the next 60 days. Dollar keeps on slipping.