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Ahead Of China's Market Open

Tyler Durden's Photo
by Tyler Durden
Authored...

By Fred Yin, Goldman FICC and Equities trader and executive director

Ahead Of Monday's China/HK Open

China/HK will return from a long weekend in observance of Qingming Festival, a holiday that historically had, in China Daily’s words: “prompted poets to compose about their grief regarding the lingering cold in spring, and emotional moments while mourning the deceased”. Looking at how the markets traded post tariff announcements (while China/HK were shut), one can’t help but to resonate with these ancient Chinese poets.