Shanghai Exchange…Don’t Call It A Comeback

Shanghai Exchange ended 2018 as the world’s worst market performer for a second year, falling 25% over 12 months as the trade war between China and the United States weighed on the Chinese economy.

China’s economic growth slowed to 6.5% in the third quarter, the slowest pace since quarterly data began to be compiled in 1992.

Source

So why did the exchange have its best week last week in four years.  Thanks to optimism over U.S.-China trade talks, the two sides reportedly met for more than nine hours Thursday of last week President Trump and on Sunday Trump twitted an extension to the

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

Add your Scripsio!

Join Scripsio and write what you write!
Be a part of the Scripsio community. Share what you have written.

Comments

No comments yet