China Stirs US Market Pessimism
NewsWare‘s Trade Talk

China Stirs US Market Pessimism

2021-08-16

Markets are falling this morning while the dollar rises as weak Chinese data and the continued spread of the delta variant stir pessimism that the global economic rebound is faltering.

Commodities face declines after Chinese retail sales and industrial output data showed that activity slowed. Chinese state media also caused Alibaba to trade lower in premarket today after criticizing the online game industry.

Tune in to hear what's moving Monday's market and where to trade to end up in green.

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