"By 2025, the really serious game on the world stage will be a Eurasia-wide infrastructure play covering 4.62 billion souls (67% of the global total), with China and Russia as ringmasters. There is nothing, short of a nuclear war, the US Government can do to stop it..."
It's a risk-on mood around the world, as China makes an unexpected trade concession by slashing auto import tariffs to 15%, while the Italian bond rout is taking a break, leading to a sharp rebound in the euro as the dollar slides.
S&P futures are higher, maintaining overnight gains as most Asian markets advance with the MSCI Asia Pacific index 0.5% higher, as sentiment was boosted by President Trump unexpected reversal on China telecom giant ZTE.
"They will manufacture whatever narrative they need to justify an action that they deem to be politically expedient...That fact that nobody died is the clearest evidence yet that there was no nerve agent there. The United States is just winging it, making it up..."