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

Investments

Stocks Discussion

Anonymous

Asked on 25 Feb 2019

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

0 comments

1 answer

Answer Now

Answers (1)

Sort By

Sandra Teo
Sandra Teo
Level 7. Grand Master
Updated on 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.

0 comments

ūüĎć 0