Home > Dec 2017 > Dec 5, 2017 Hang Seng closed down 1% and Nikkei saw Red too

Dec 5, 2017 Hang Seng closed down 1% and Nikkei saw Red too

December 5th, 2017

Tonight is very strange. Futures are up .12% going into the Europe open. Oil is weaker. YET Shanghai Futures has Copper and other metals selling strong, this while the Aussie and Kiwi are pushing up .58% to the USD after the RBA left rates the same and beat on PMI service. China also beat on PMI service but they sold off.

Dec 2017

  • Trading_Nymph

    That strange mix is still around. USD is strong against all pairs except for Aussie and Kiwi

  • Trading_Nymph

    Panther you know what this means, lol, a lot of REALLY good sales…from Politico…The U.S. trade deficit jumped 8.6 percent in October as imports from China and other suppliers hit a record high ahead of the holiday shopping season, a Commerce Department report released Tuesday showed.

    The monthly trade gap totaled $48.7 billion, the highest level for a full month since President Donald Trump took office on Jan. 20.

    Ahead of the election, a Trump campaign adviser asserted they could eliminate the deficit in one or two years. Instead, the 2017 deficit is on track to exceed the 2016 level of $505 billion.

    Imports of goods and services hit a record high of $244.6 billion as the U.S. economy continued to strengthen and suck in more goods from abroad. Imports totaled $48.2 billion from China, $39.4 billion from the EU and $28.7 billion from Mexico — all record highs.

  • Trading_Nymph

    Oh that is probably our source for the Aussie/Kiwi pop. Even though US missed on ISM the Global Growth Names are happy with Trade data.

  • Trading_Nymph

    Powell is sure thing.