04.02.25 - China hits back

Today, China implemented tariffs an US products, mostly on commodities. In addition, the country started an antitrust probe into Google in response to Donald Trump’s tariffs.

Markets: Stock markets ignored the latest news and could stabilize. Chinese stocks soared also during US trading hours. Cryptos saw negative prices while commodities climbed with gold to new record highs. USD declines

My View: I expect that markets remain news driven creating sudden moves in either direction on unexpected policy shifts.
With uncertainties, it is not the time to be fully invested until markets find a clear direction. Any big shift may offer opportunities to buy or take some profit.

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