With Russia being excluded from SWIFT, Russian payment will probably go via China.
The Asian market is opening soon, I expect European indices to struggle this week in favour of China, and NIkkei225 could drop again to test recent lows.
Technical indicators don’t entirely convince me about bullish momentum on China50, it’s solely based on funtamental analysis, that’s why the trade is risky.
The Asian market is opening soon, I expect European indices to struggle this week in favour of China, and NIkkei225 could drop again to test recent lows.
Technical indicators don’t entirely convince me about bullish momentum on China50, it’s solely based on funtamental analysis, that’s why the trade is risky.