Yuan Surges In Early Trading, Signals 2800 Open For The S&P

in yuam •  6 years ago 

The FX markets liked the news coming out of the G20 with the Yuan jumping. Since it is the only market open at the moment, this signals an open of the S&P over 2800.

As many are reporting, the markets will breathe a sigh of relief after the meeting of between Trump and Xi.

There are some who are hopeful for a year end rally. This might be the impetus that was needed.

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