Position closing alert – 22/06/2018

A loss of 2.9% on CC1 We close our transaction on the CC1 ETF (Amundi China Index), recommended for purchase on 02/05, with a loss of 2.9% while our stop was hit on the session yesterday. Despite a favorable momentum so far, China has since turned down the threat by D.Trump to tax $ 200bn of Chinese imports. 4.3% loss on MAL We close our deal on the ETF MAL (Lyxor Malaysia Index), recommended for purchase on 24/05, with a loss of 4.3% while our stop was hit on the session yesterday. Malaysia's trend has turned bearish, like many emerging countries, to due the rising dollar. A loss of 5.7% on PALL

We close our ETF Pall (ETFS Palladium Index) transaction, advised to buy on 04/06, with a 5.7% loss, while our stop at $ 90.5 was hit. The sharp rise in the dollar and fears over global demand as a result of D. Trump's protectionist actions led to a downturn in the Palladium.