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home / news releases / QLD - Markets Shrug Off Trump's Attempt To Talk The Dollar Down


QLD - Markets Shrug Off Trump's Attempt To Talk The Dollar Down

Overview: Comments by US President Trump over the weekend, complaining about the dollar's strength weighed on the greenback initially in Asia, but it quickly recovered. Reports of progress on a US-China trade deal helped lift the Shanghai Composite above the 3000-level for the first time since the middle of last year. Asian equities mostly rallied with China. Korea and Taiwan were notable exceptions after disappointing PMI data. European shares are moving higher, and the Dow Jones Stoxx 600 is up 0.5% to extend the advance for the third session.

Bond yields are mostly firmer, though

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Stock Information

Company Name: ProShares Ultra QQQ
Stock Symbol: QLD
Market: NYSE

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