Stocks And Precious Metals Charts - A New US-EU Trade Deal Founded On Gas And Beans

Stocks took off higher in the afternoon on a news report from Dow Jones that the EU's Jean Claude Juncker had struck a trade deal with Trump by making some 'concessions'. On the announcement of a press conference, with thirty minutes to go, stocks went vertical in a major short squeeze and relief rally.

And so we await that big news.

After the bell Facebook missed on the topline, and the stock was down on that news.

Gold and silver were higher on a lower Dollar. It is not necessary for them to trade in inverse correlation with the Dollar, but they sometimes do for periods of time, and they are doing so now.

Postscript:Trumpolini was pleased to announce that the EU is apparently agreeing to buy more soybeans and liquefied natural gas from the States. The two entities will continue working towards eliminating tariffs on non-automotive products.As for autos, well, we shall see.

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