Asian stock markets are under pressure. This is likely to cause the Dax to make a weak start. Is it now “game over” for the stock market rally? Risk aversion has now set in after the announcement at the Chinese Communist Party Congress of plans to take Hong Kong closer to the curb. The Hang Seng is therefore falling sharply. This further intensifies tensions between the US and China. In a way, Hong Kong and Taiwan are the “battlefields” in the trade war 2.0. Does yesterday’s weakness on the Nasdaq signal that the party of the stock markets is now over? The optimism of investors is huge, and the positioning, especially in the options market, is extremely long. As a result, an adjustment is likely.
It is probably no coincidence that Trump has made the U-turn and is now in fact exempting the really important products such as smartphones from the new 10% tariffs: this time the US President must […]
According to official information from China, more than 6000 people in China have been infected by the coronavirus. 132 people have died (today at 3pm German time the WHO will hold a press conference). But […]
US government bonds are held en masse by foreign owners. The total volume at the end of August was 6.857 trillion Dollars, according to statistics published tonight by the US Treasury. In June, Japan, the […]