michaelye (michaelllye)

michaelye

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China’s exports in November (denominated in USD) rose by 5.9% year-on-year, compared with a previous decline of 1.1%. Imports increased by 1.9%, versus the previous growth of 1%. The trade surplus reached $111.68 billion, up from $90.07 billion previously.

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The S&P and Nasdaq snapped a four-day winning streak. Nvidia bounced back nearly 2%. The 10-year Treasury yield hit a two-month high. Silver pulled back from its record highs, while LME copper hit another all-time high.

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Ahead of the Fed’s major policy decision, the S&P and Dow posted two straight days of losses, JPMorgan fell nearly 5%, and silver topped $60 for the first time in history.

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