The White House announced it would assess tariffs on $200B of Chinese imports after market close Tuesday New York Time. Adding to the $34B tariffs that just went live, the new tariffs would not take effect for at least 2 months. World markets are down absorbing this news.
If you compare the S&P 500 with the Shanghai Composite you can clearly see who is winning this trade dispute.
The U.S. opened down and traded sideways for the day. S&P Energy Sector down -2.15%.
Oil was smashed for a number of reasons. Gold offered no safe haven. Commodities are down.
Bitcoin dropped -4.61% yesterday coindesk.
S&P 500 down -0.71%
Shanghai Composite down -1.76%
DAX Germany down -1.53%
FTSE 100 down -1.30%
Gold down -0.87% at $1244.40
WTI fell -5.03% at $70.38
Brent Crude down 6.92% currently
Lead LME down -4.95%
Palladium CME down -0.06%
The White House announced it would assess tariffs on $200B of...
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Last
7,906.6 |
Change
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| XAO (ASX) Chart |