{"id":2357,"date":"2020-06-23T13:15:00","date_gmt":"2023-03-31T20:18:59","guid":{"rendered":""},"modified":"2024-05-29T08:13:51","modified_gmt":"2024-05-29T08:13:51","slug":"trumps-tweet-on-us-china-deal-boosts-markets","status":"publish","type":"post","link":"https:\/\/blog.zulutrade.com\/fr\/trumps-tweet-on-us-china-deal-boosts-markets\/","title":{"rendered":"Trump’s tweet on US-China deal boosts markets!"},"content":{"rendered":"

Markets were confused after the latest news regarding the US-China trade deal status. According to <\/span>Fox News<\/span><\/a>, Peter Navarro, White House trade advisor, said that the US-China deal has been over, however, he came back and claimed that his statement has been misunderstood. In the meantime, Trump posted a comment on twitter for the same topic:<\/span><\/p>\n

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This was enough for the future market to reverse to the upside and trimmed the initial losses. Additionally, this helped Oil as prices are moving higher today. Reading EU new reports, Wirecard’s latest developments and positive economic data are boosting EU indices to the upside. EU PMI exceeded the forecasts as it rose to 47.3 in June from 30.5 in May while Germany’s PMI increased to 45.8 from 32.3. Similarly, UK data were better than expected as manufacturing and services PMI was improved. <\/span><\/p>\n

 CopyTrade with ZuluTrade<\/span><\/a><\/p>\n

Asian Market rebounded today as all major indices closed in positive territory. The primary reason was the latest update on the US-China trade deal. <\/span><\/p>\n

CopyTrade with ZuluTrade<\/span><\/a><\/p>\n

Heading to the forex market, EURUSD performed a bullish breakout from the falling wedge, and it’s moving near to 1.1288 area. GBPUSD reached the upper side of the declining channel and its currently testing the 20EMA. USDJPY is still moving sideways and there is no clear trend. USDCHF performed a bearish breakout from the triangle and its currently testing the 61.8% Fibonacci level.<\/span><\/p>\n

EURUSD 240m chart
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GBPUSD 240m chart
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USDJPY 240m chart 
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USDCHF 240m chart
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<\/span><\/p>\n

Checking the<\/span> ZuluTrade’s Traders Sentiment<\/span><\/a>, the community is currently bullish on USDCHF, while bearish on EURUSD and USDJPY. <\/span><\/p>\n

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In focus today<\/span> (<\/span>economic calendar<\/span><\/a>):<\/span><\/p>\n

UnitedKingdom – BoE’s Governor Bailey speech<\/span><\/p>\n

Disclaimer<\/strong><\/p>\n

The views expressed do not constitute investment or any other advice \/recommendation \/suggestion and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Opinions expressed in the report do not represent the opinion of<\/span> ZuluTrade Social Trading Platform<\/span><\/a> and do not constitute an offer or invitation to anyone to invest or trade.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Markets were confused after the latest news regarding the US-China trade deal status. According to Fox News, Peter Navarro, White House trade advisor, said that the US-China deal has been over, however, he came back and claimed that his statement has been misunderstood. In the meantime, Trump posted a comment on twitter for the same […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2357","post","type-post","status-publish","format-standard","hentry","category-market-view"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1716970483:4"],"rank_math_seo_score":["19"],"rank_math_og_content_image":["a:2:{s:5:\"check\";s:32:\"a29a2cad5a980ffe27d6d783f3ea1930\";s:6:\"images\";a:6:{i:0;s:50:\"\/image.axd?picture=\/2020\/2362020\/trump twitter.PNG\";i:1;s:53:\"\/image.axd?picture=\/2020\/2362020\/EURUSDH4 2362020.png\";i:2;s:53:\"\/image.axd?picture=\/2020\/2362020\/GBPUSDH4 2362020.png\";i:3;s:53:\"\/image.axd?picture=\/2020\/2362020\/USDJPYH4 2362020.png\";i:4;s:53:\"\/image.axd?picture=\/2020\/2362020\/USDCHFH4 2362020.png\";i:5;s:54:\"\/image.axd?picture=\/2020\/2362020\/sentiment 2362020.PNG\";}}"],"rank_math_analytic_object_id":["184"]},"pll_post_group":null,"_links":{"self":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/comments?post=2357"}],"version-history":[{"count":1,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2357\/revisions"}],"predecessor-version":[{"id":4006,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2357\/revisions\/4006"}],"wp:attachment":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/media?parent=2357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/categories?post=2357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/tags?post=2357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}