The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: robert b furman who wrote (1254)	11/2/2018 2:50:12 AM
From: elmatador	Read Replies (1) of 13801

Trade war being defused potential progress in Washington's trade negotiations with Beijing In a tweet, the president said he had a "long and very good conversation" with the Chinese leader, "with a heavy emphasis on trade." He added that "those discussions are moving along nicely" ahead of planned face-to-face meetings at the G-20 summit in Argentina later this month. Hong Kong's Hang Seng index surged 3.57 percent, the Shanghai composite gained 2.37 percent and the Shenzhen composite advanced 3.017 percent. Those markets, which had been higher all day, climbed higher after Bloomberg reported that Trump had asked officials in his administration to start drafting a potential trade deal with China. https://www.cnbc.com/2018/11/02/us-china-trade-war-trump-reportedly-asks-officials-to-draft-deal.html Following the release of that article — which cited four unnamed sources familiar with the matter — many big-name stocks in the Hong Kong markets skyrocketed: Tencent surged more than 8.2 percent, ZTE jumped 11.4 percent and Geely Automobile saw gains of 11.2 percent. https://www.cnbc.com/2018/11/02/us-china-trade-war-trump-reportedly-asks-officials-to-draft-deal.html

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