Trade War – China threatens with a backstrike
SP500 calm DAX even grows https://www.finanzen.net/nachricht/aktien/china-droht-mit-vergeltung-gespraeche-im-handelskrieg-gehen-weiter-7466390
SP500 calm DAX even grows https://www.finanzen.net/nachricht/aktien/china-droht-mit-vergeltung-gespraeche-im-handelskrieg-gehen-weiter-7466390
https://www.finanzen.net/nachricht/aktien/offiziell-bestaetigt-usa-machen-erhoehung-von-sonderzoellen-gegen-china-offiziell-einigung-noch-moeglich-7471157
First fear but then greed. For how long will greed suffice? ;) https://www.finanzen.net/nachricht/aktien/auch-keine-fusion-thyssenkrupp-stoppt-geplante-aufspaltung-und-strebt-ipo-der-aufzugssparte-an-aktie-ueber-20-prozent-im-plus-7475281
https://www.finanzen.net/nachricht/aktien/nach-anhebung-der-us-zoelle-china-schlaegt-zurueck-hoehere-zoelle-auf-us-waren-ab-juni-7484609
Probably while Trump postpones tariffs for EU https://www.dailyfx.com/deutsch/devisenhandel/fundamental/tagliche_analyse/2019/05/16/Ausblick-DAX-nach-Aussagen-zu-EU-Zoellen-fester-.html
On last Friday fear has slightly dominated, which is obvious since Trump usually tweets on weekends. Thus investors were afraid of coming surprises. However, this weekend brought a pleasant surprise: Trump postpones Tarifs on European Cars for 180 days. Expect a (slightly) positive gap on Monday opening
Trump fires 5% tariffs on Mexican goods until they stop illegal migration. China theatens to cut down rare earth delivery to USA. Markets fall: DAX -1.8%, SP500 -1.2% https://www.nytimes.com/2019/05/30/us/politics/trump-mexico-tariffs.html