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Market Model Update (Weekly)

  • by Yuriy Matso
  • Posted on October 13, 2019October 13, 2019

Market participants expected the US and China to announce a trade deal on Friday adding fuel to the bullish momentum from Thursday. Initially, investors cheered a partial trade deal with China but soon realized there is no clear timeline for removing existing tariffs. This resulted in a market’s mini washout into the session close.

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