The NASDAQ (US100) fell as much as 1.6% yesterday and from a technical point of view it seems to still have some space to continue this move. Notice that bears may aim at 6800 points where the important support is localized.
1-US administration said that China was misrepresenting trade talks (we got the white paper on this issue from Beijing over the weekend presenting how trade negotiations have been playing out so far.
2-New Zealand’s terms of trade for Q1 increased 1% QoQ, above the median estimate of a 0.5% QoQ
3-Fed’s Bullard said that a rate cut might be ‘warranted soon.
1-US administration said that China was misrepresenting trade talks (we got the white paper on this issue from Beijing over the weekend presenting how trade negotiations have been playing out so far.
2-New Zealand’s terms of trade for Q1 increased 1% QoQ, above the median estimate of a 0.5% QoQ
3-Fed’s Bullard said that a rate cut might be ‘warranted soon.
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