US futures pare losses on China headlines

S&P 500 futures at the moment are flat on the day after the headlines on the wires are saying that China is prepared to talk to the US and desires to resolve the commerce dispute by way of dialogue. Is that basically a brand new improvement although? It is humorous as a result of these are the very same headlines we obtained from one month in the past right here they usually have been at it for some time now.

And as talked about right here, the remainder of the white paper on US commerce particulars the identical response we have been seeing from China since final week. That’s they wish to resolve this by talks however on the identical time they don’t seem to be going to again down as properly if pressured right into a nook.

The one optimistic spin I can see from the Chinese language response at this time is that they don’t seem to be escalating the commerce conflict additional by way of actions. Sometimes when US tariffs go into impact, you’d see China counter again with actions of their very own. At this time, they appear to be taking over a distinct strategy at the least.

So, yeah. I am not seeing a lot of a change to the narrative simply but. However as soon as once more, it reveals how prepared dip patrons are to latch on to something that’s remotely optimistic wanting irrespective of the context.

This text was written by Justin Low at www.ubaidahsan.com.



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