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The signal of the US-China trade agreement has been released, triggering a wave of rebound across asset markets! Global risk assets are collectively agitated, with stock markets, oil prices, and copper prices soaring simultaneously, significantly increasing market risk appetite.
The Asian market took the lead, with regional stock indexes rising by 0.8%. The Japanese and South Korean stock markets surged by about 2%, leading the Asia-Pacific market. U.S. stock futures continued to be strong, with the S&P 500 and Nasdaq 100 futures gaining upward momentum after reaching historic highs last week, continuing the bullish trend.
The commodity market also performed impressively, with U.S. copper futures and international oil prices rising due to improved global demand outlook; meanwhile, safe-haven assets cooled and experienced a correction, with U.S. Treasury prices falling and gold, as a traditional safe-haven asset, also facing downward pressure.
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