Mainland China markets climb in positive reaction to President Trump and President Xi Jingping as they return to trade discussions.
For now, a damaging trade tariff escalation is on hold.
Japan’s NIKKEI climbed to close up at: 21730 gaining 2.13% on the day.
U.S. – DOW futures gain 200 pts as at: 10:00 (BST) Monday 1st July.
EU – markets rise – DAX at: 12555 up 200 pts as at 10:00 (BST) Monday 1st July 2019.
UK – FTSE 100 up at 7505 at: 10:00 (BST) on Monday 1st July 2019.
Will we see the DOW at 27000 this week? I can’t help feeling that this is a strained and uncertain rally. I have my doubts… 27000, 28000, 29000, 30000 ??
U.S. markets will be closed Thursday 4th July 2019 – America Independence Day.
NOTE: China PMI reading of factory manufacturing data comes in below expectations.