【Trump's tariff plan has changed! Offshore RMB against the US dollar rose nearly 300 basis points during the day, FTSE A50 futures surged over 1%】Offshore RMB against the US dollar continued to rise, breaking through the 7.33 mark, up nearly 300 basis points during the day, reported at 7.3287. FTSE China A50 index futures surged over 1%.
In terms of news, according to media reports, three individuals familiar with the matter stated that aides to President-elect Trump are exploring a tariff plan that applies to 'all countries' but only covers key imported goods. This marks a significant shift in Trump's campaign plan for the 2024 presidential election. If the new plan is implemented, it will reduce the broadest content of Trump's campaign plan, but it may still disrupt global trade, significantly impacting the US economy and consumers.
Not just targeting China, the A50 responded with a surge, 【Media: Trump's aides are discussing tariffs on 'all countries' but only covering key imported goods】According to media reports, three individuals familiar with the matter stated that aides to President-elect Trump are exploring a tariff plan that applies to 'all countries' but only covers key imported goods. This marks a significant shift in Trump's campaign plan for the 2024 presidential election. If the new plan is implemented, it will reduce the broadest content of Trump's campaign plan, but it may still disrupt global trade, significantly impacting the US economy and consumers.
Key points for market rise and fall operations
The market's sideways movement hides good opportunities; it is a good time to enter when prices are digging a pit, and do not blindly chase high prices when they soar. When the market is bustling and people are buying crazily, it is precisely the time to decisively sell.
If prices continue to rise slightly, it indicates that the upward trend is stable, and one can continue to hold. Once there is a continuous large increase, one must exit quickly to avoid risks.
If prices suddenly drop rapidly with low trading volume, it is often a tactic used by major players to intimidate, and there is no need to panic; however, if prices decline slowly with increasing trading volume, it indicates significant selling pressure, and one should evacuate quickly.
After a significant price surge, there will be a pullback; if a deep pullback does not form a 'deep pit', do not rush to buy in large amounts, but wait for the right opportunity.