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It’s a relatively bullish start to the day for the majors. We would need to see a move through key levels, however, to bring resistance levels into play....
Walmart stores suffer damage from the George Floyd protesting and looting in some cases....
May.31 -- The Chinese and Hong Kong governments are pushing back are pushing back against the United States after President Donald Trump said he would remove special trading privileges that the U.S. gives to Hong Kong. Beijing says Trump’s actions are doomed to fail and that Hong Kong says it’s not worried about losing the favorable trade rules. Bloomberg’s Stephen Engle reports on “Bloomberg Daybreak: Asia.”...
Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in U.S. cities and unease over Washington's power struggle with Beijing. E-Mini futures for the S&P 500 recovered early losses to be up 0.1%, having been down 1% in early trade, while safe-haven gold pared an early rise to be up 0.4% at $1,733 an ounce. Bonds also lost early gains and oil prices slipped....
Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in U.S. cities and unease over Washington's power struggle with Beijing. There was also relief that while President Donald Trump began the process of ending special U.S. treatment for Hong Kong to punish China, he left their trade deal intact. "With specific and verifiable measures against China appearing to be weak, markets may draw hollow consolation that the U.S. is treading carefully," said analysts at Mizuho in a note....
