Dow and Yuan Rally, Yen and Gold Tumble as Trump Stirs Trade Wars Again
From dailyfx.com
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https://www.metalsmine.com/news/940670-dow-and-yuan-rally-yen-and-gold-tumble.
The markets were set for a fairly quiet session Tuesday until we were met with another dramatic run of headlines on the topic du jour of late: trade wars. Yet, where the last stretch of meaningful updates weighed the outlook for growth and capital market potential, we were finally met with a break in the clouds this past session. The news began with a headline that could be readily disputed for its impact - that US and Chinese officials had agreed to restart negotiations by phone starting in two weeks. It is easy to play down the importance of this ...