Futures, Yuan Jump After Trump Trade Comments

It seems the algos will never learn.

US equity futures and offshore yuan are both rising after President Trump said at an event at The White House that “he feels China talks will be successful,” adding that “we will know in 3-4 weeks.”

Johnny 5 loves that news… (that’s a 60 point rise in Dow futs for now…)

And Yuan’s move was higher beta…

On a side-note, Bitcoin ‘flash-crashed’ this evening but is bouncing back…



via ZeroHedge News http://bit.ly/2VpRqet Tyler Durden

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