$BTC This is an immediate relief in a trade war that was escalating rapidly, and that had affected not only the bilateral relations between both powers, but also global trade, commodity prices, and the appetite for risk in financial markets.

The effects of this agreement were felt quickly. Futures for the main U.S. stock indices —such as the S&P 500, the Dow Jones, and the Nasdaq— rose at the opening of the day. The dollar strengthened against other currencies and the Chinese yuan reached its highest level in six months. Even the shares of shipping companies like Maersk and Hapag-Lloyd climbed more than 10%, anticipating a normalization of international trade.#TradeStories