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World Stock Markets Trading Discussion - Sizzling sang-froid


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All Ords 5-day chart

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http://bigcharts.mar...com/default.asp

 

All Ords finished +0.7% with Consumer Staples moving into top spot, +1.8% closely followed by Miners +1.7%.  Financials -0.9% brought up the rear.

Over in Asia, China took a dive, -2.5%, Hong Kong -1.2%, Japan +0.9%, India currently +1.1%.

A touch of red in UK/Europe: FTSE -0.3%, DAX -0.8%, CAC -0.6%.

 

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big.chart?nosettings=1&symb=FR%3APX1&uf=

  http://bigcharts.mar...com/default.asp

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I know news is noise but what if there is news and it isn't reported.  China just started taking delivery of Iranian oil.  3 weeks ago the US said it would impose sanctions on China for doing so. The trade talks fell apart almost instantly.  Not that you would know it here because after 3 weeks not a peep has come from the Administration or the new media about it.  Instead the NY Times yesterday said that China screwed the trade talks up by changing the terms. 

Looked at from a paranoid sort of way this is a step towards war. 

https://www.bourseandbazaar.com/articles/2019/5/17/china-restarts-purchases-of-iranian-oil-bucking-trumps-sanctions

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