- this index jumped because according to SCMP the China US delegation had a nice dinner and the most important: dinner was good - or the DXY was tweaked down in order to float the market... now ... i am an idealist... and I truly believe that dinner was the cause of the index to jump. China delegation picked hamburgers according with SCMP. I guess it was medium rare...
and now is back... well... this is was rather unusually quick... who can explain why ? i do have some ideas... still... not complete.
the market eventually reads better news sources i guess...
and Foreign Policy website is just a doozie... or SCMP doesn't even exist... forget about macroeconomic reports... those are BS indeed ! we do not live in Fake News era - we live in Stupid Era.
ok - let's recap: - layoffs in Europe are ramping up - HP cuts few thousands too as declared - we are at the lowest unemployment in 50 yrs (which is not a good thing) - all CPIs are sliding - ISM numbers are horrendous and lower in several years if i am not wrong (makes you wonder all those ppl employed do...) - world seems to be in revolt in France, HK and i...