This week was marked by a new market turnaround, this time on the upside, thanks to the easing of trade tensions between China and the US due to concessions promised by President Xi on the opening of the Chinese market and possibly lowering tariffs on the automotive sector.

This week was marked by the volatility of US markets ending in the red (S & P500: -1.4%) with a new underperformance of technology stocks (Nasdaq100: -2.25%), while the tone rises between China and the US causing market concern over a possible trade war and its potentially negative effects on the global economy.

This week marks the return to a phase of hesitation after the sharp decline in indices last week in the United States and Europe.

This week ends with a rise in indices, 2% for the S & P500 and 1.4% for the Stoxx600NR, knowing that the outperformance of the US index has occurred after European closing.

This week marks the end of the hesitation phase and the return to strength of the correction which results in a sharp decline in the S & P500 (-6%) and the Nasdaq Composite (-6.5%) which no longer plays its role of driver due to the scandal affecting Facebook in the use of user data and the blocking of Broadcom-Qualcomm operation by the US administration.

This week continues the hesitation phase but also marks a certain drop in volatility on the leading indices, with Stoxx600NR almost stable (-0.05%) and a slight decline in the S&P500 (-1.2%) and Nasdaq Composite (-1.04%).

However, this is yet another proof of market resilience, while the Trump administration is planning new protectionist actions against China for an estimated $ 60 billion, mostly directed against technology and telecoms companies.