Equity indices moves sharply higher this Thursday on exchange of trade talk between the US and China that could offer some hope that the new tariffs could be delayed. China said it was ready for talks with the US and there was a hint that any retaliation from the Beijing would not be immediate but at this moment there is still no decision on a possible delay of the new US tariffs. Nonetheless, investors look forward to such decision with DE30 (+1.2%) surging to the key resistance of 11850 points, ITA40 (+1.9%) advancing even more on a delay of early elections and US markets adding between 1.2% (US500 and US30) and 1.6% (US100).
Morning wrap: Bitcoin surges to $75k, Wall Street tries to stabilize
Daily Summary: Dollar Recovers Losses, Oil Near 3-Week Highs 🗽 US30 Falls 1%
US Open: US100 falls 0.7% as Treasury yields and oil prices surge 🚩 Walmart under pressure
Nasdaq falls ahead of the Wall Street open 🚩 Dollar attempts to recover losses