We’ve seen more than our fair share of false starts and let downs when it comes to the brokering of a US-China trade deal agreement, with suggestions of an accord one week flatly denied the next. The stock markets don’t seem to be bearing a grudge about this though and are ever optimistic – with Tuesday seeing record highs as the US confirmed that it was in the ‘final throes’ of a trade deal, something confirmed by the Chinese press which said a ‘consensus’ had been reached.
As a result of this progress towards a potential agreement, the stock market enjoyed its best day for months, fuelled by a low level of risk aversion. With gold trading lower as a result, this presents an excellent opportunity to buy now. We have seen time and time again that a seemingly within reach agreement slips away so make the most of this good feeling and invest at an excellent price to take full advantage before prices peak once again.