New additional tariff HIKES!

JamesJ said:
...
However i See that some cfd brokers with weekend trading (large spread) are pricing in a significant drop (Dow minus 300).
Probably due to additional news from China and hong Kong.
More...

I don't know how CFDs work, so can't be sure of how they reflect the potential of the underlying. I hear CFDs are kinda' bad to mess with.
 
S2007S said:
This is serious news, markets will see a 2%++ drop come Monday morning!!!!!

This trade war is about to create a crisis!! If China ups their tariffs once again in retaliation of what trump just did the markets are going to be in full market crisis mode!

And to think how many times they told us there was going to be a deal! Fu©king liars!!!!



Trump will raise tariff rates on Chinese goods in response to trade war retaliation



PUBLISHED FRI, AUG 23 2019 5:01 PM EDTUPDATED 4 HOURS AGO

Jacob Pramuk@JACOBPRAMUK





KEY POINTS
  • President Donald Trump says the U.S. will hike tariffs on most imports from China as his trade war with Beijing escalates.
  • The U.S. will raise duties on $250 billion in Chinese goods to 30% from 25% and increase tariffs on another $300 billion in products to 15% from 10%.
  • Earlier, China announced new tariffs on $75 billion in U.S. goods, and Trump ordered U.S. companies to find an “alternative” to operating in China.


https://www.cnbc.com/2019/08/23/tru...ods-in-response-to-trade-war-retaliation.html
More...



Just as I mentioned, Dow futures DOWN 300++++

Dow futures drop 300 points at the open as US-China trade war escalates


https://www.cnbc.com/2019/08/25/dow...the-open-as-us-china-trade-war-escalates.html
 
S2007S said:
Just as I mentioned, Dow futures DOWN 300++++

Dow futures drop 300 points at the open as US-China trade war escalates


https://www.cnbc.com/2019/08/25/dow...the-open-as-us-china-trade-war-escalates.html
More...

Yeah, but i see a possible rebound in premarket, back above Friday lows...
Not sure, but trumps remarks will possible be reinterpreted once more. In a way that He actually was thinking about no raise and the whitehouse follow up news was only in order to keep pressure on China in the trade game.
Or There could be a Tweet to Support the ppt... Something like "had a good Call with xy on trade, tremendous opportunities blabla"
 
JamesJ said:
Yeah, but i see a possible rebound in premarket, back above Friday lows...
Not sure, but trumps remarks will possible be reinterpreted once more. In a way that He actually was thinking about no raise and the whitehouse follow up news was only in order to keep pressure on China in the trade game.
Or There could be a Tweet to Support the ppt... Something like "had a good Call with xy on trade, tremendous opportunities blabla"
More...


I could see a comeback overnight in the futures ahead of the opening, maybe he will tweet some more market moving new tomorrow to the upside.
 
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