Stocks, Yuan, Bond Yields Spike On Trump China Tweet

Read MORE

Stocks, Yuan, Bond Yields Spike On Trump China Tweet

It would appear the algos are alive and well after all.

President Trump tweeted that he will be meeting the China Vice Premier tomorrow:

“Big day of negotiations with China. They want to make a deal, but do I? I meet with the Vice Premier tomorrow at The White House.”

Thus, for now, confirming that Liu He is staying until Friday… and the machines like that news…

Stocks, Yuan, Bond Yields Spike On Trump China Tweet

S&P broke back above key technical levels..

Stocks, Yuan, Bond Yields Spike On Trump China Tweet

And yuan is rallying…

Stocks, Yuan, Bond Yields Spike On Trump China Tweet

Source: Bloomberg

And bond yields are also surging…

Stocks, Yuan, Bond Yields Spike On Trump China Tweet

Source: Bloomberg
 


Tyler Durden

Thu, 10/10/2019 – 09:54

Share:

Author: HEDGE

Executive Editor and Founder of HEDGEaccordingly.com. Hedge Was Founded in January 22, 2008. Learn more about HEDGEaccordingly