Anonymous

04 Dec 2019

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Will markets rally with the March 1 tariffs delayed by Trump?

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Sandra Teo

04 Dec 2019

China stocks surged 5% after Trump announced a delay in hike tariffs. This China rally is expected to lead other Asian markets for a bull run.

The optimism is also represented by increases in the yuan, South Korea's won, Australian dollar and Indonesia rupiah. The US markets also rose. Emerging markets is expected to rally strongly and is expecting some profit taking when US and China comes to a deal.

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