As well as, Powell was what he at all times is: A dove.
Closing modifications:
- S&P 500 +0.7%
- Nasdaq Comp +1.5%
- DJIA flat
- Russell 2000 -0.2%
- Toronto TSX Comp +0.8%
The market is convincing itself “he did not imply it” on tariffs and the strongest proof for that was the 5% rally in China ETFs at the moment.
This text was written by Adam Button at www.forexlive.com.
