Morning Market News Digest And Comment 早盘市场新闻摘要及评论

Pacific Time 8:00AM : Dow+185，  S&P 500 +25.41， Nasdaq +97.05， Russell 2000 +5.79, WTI crude oil+1.66%，Gold-1.22%， US dollar index+0.44%, 10 Year Treasury yield 2.009% +0.009

Oversea markets: Shanghai+2.22%, Japan+2.13%, Hong Kong -0.28%, Germany+1.17%, UK+1.18%, France +0.68%.

Weak sectors: GDX, GDXJ, GLD, SLV, TLT  Strong sectors: SMH, OIH, FXI, SOCL, XRT, EEM, XLY, XLF

US-China agree to restart trade negotiation, US stocks and world stocks are rising. Major US stock indexes opened up strongly and are now pulling back. S&P 500 made new high this morning at 2977.93 and has now pulled back 30% of today's rise.  Restarting trade talk does not mean trade deal is done, more turbulence may come in the future. Since the stock market has risen before the weekend trade truce news , there shouldn't be much left for the market to celebrate. US stock market pulling back is likely from here.

。President Donald Trump declared that the U.S. is winning the trade war after he reached a temporary truce with Chinese President Xi Jinping. Trump said he would hold off imposing tariffs on an another $300 billion of Chinese goods and would delay restrictions on Huawei Technologies Co., letting U.S. companies resume sales to China’s largest telecommunications equipment maker. Investors welcomed the truce and the promise of new talks, while warning that any lift in asset prices might be short-lived as the underlying conflict remains unresolved. ---Bloomberg

。Stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks, leading investors to cut back wagers on aggressive policy easing by the major central banks. ---Reuters

。A trade truce with the U.S. reached over the weekend makes a final trade deal no more likely, according to Zhu Ning, a Chinese academic who advises the Chinese government and central bank. He likens the dispute to conflicts in Korea or Vietnam. "It could drag on and there could be no declaration of war but the skirmishes keep going," he said on the sidelines of the World Economic Forum in Dalian on Monday.
---Wall Street Breakfast

。Russia and Saudi Arabia have agreed to extend the OPEC oil production-reduction deal by another six to nine months, Russian President Vladimir Putin said at the G-20 leaders summit in Japan on Saturday. Saudi Energy Minister Khalid al-Falih backed Putin’s comments on his own remarks offered Sunday.---Market Watch

。While Wall Street focuses on U.S.-China trade war dangers, Medley Global Advisors’ Ben Emons sees two risks making a comeback. The way the world’s affairs are shaping up, he warns Brexit fallout and the threat of U.S. tariffs on European cars could sneak up on investors in year’s second half .---CNBC

。Micron Technology (MU), Skyworks Solutions (SWKS), Broadcom(AVGO) — Chipmaker shares rose broadly after President Donald Trump and Chinese President Xi Jinping agreed the U.S. and China will not impose additional tariffs on each other’s goods. Micron and Skyworks both jumped more than 6% in the premarket, while Qualcomm gained 5.5%. ---CNBC

。Wynn Resorts (WYNN), Las Vegas Sands(LVS) — Casino stocks climbed in the premarket after the Macau gaming authority reported gambling revenues rose more than expected in June. Gross gaming revenue in Macau rose 5.9% last month, well above a StreetAccount estimate of 2.5% growth. Wynn and Las Vegas Sands rallied more than 4% each before the bell.---CNBC





太平洋时间上午8:00：道琼斯指数+ 185，标准普尔500指数+25.41，纳斯达克指数+97.05，罗素2000 +5.79，WTI原油+ 1.66％，黄金1.22％，美元指数+ 0.44％，10年期国债收益率2.009％+0.009

海外市场：上海+ 2.22％，日本+ 2.13％，香港-0.28％，德国+ 1.17％，英国+ 1.18％，法国+ 0.68％。

弱势行业：GDX，GDXJ，GLD，SLV，TLT  强势行业：SMH，OIH，FXI，SOCL，XRT，EEM，XLY，XLF

美中同意重启贸易谈判，美国股市和世界股市均在上涨。 美国主要股指大幅高开，但目前正在回落。 标准普尔500指数今早上涨至2977.93新高，现已失去今早涨幅的30％。 重启贸易谈判并不意味着贸易协议已经完成，未来可能会出现更多动荡。 由于股市在周末交易休战消息之前已经上涨了，因此市场不应该留有太多值得庆祝的事情。 美国股市从这里开始回落的机会大。



。唐纳德特朗普总统在与中国国家主席习近平达成临时休战后宣布美国正在赢得贸易战。特朗普表示，他将停止对另外3000亿美元的中国商品征收关税，并将推迟对华为技术公司的限制，让美国公司恢复向中国最大的电信设备制造商销售。投资者对新的谈判的休战和承诺表示欢迎，同时警告资产价格的任何提升都可能是短暂的，因为潜在的冲突仍未得到解决。 ---彭博

。由于美国和中国同意重启贸易谈判，导致投资者减少对主要央行积极政策宽松的投资，周一股市上涨，债券回落。 ---路透社

。根据为中国政府和中央银行提供建议的中国学者朱宁表示，在周末与美国达成的贸易协定并不表示更加容以达成最终贸易协议。他将争议比作与韩国或越南的冲突。在周一在大连举行的世界经济论坛期间表示，“它可能会拖延，而且可能没有宣战，但小冲突仍在继续。”
---Wall Street Breakfast

。俄罗斯总统弗拉基米尔普京周六在日本举行的20国集团领导人峰会上表示，俄罗斯和沙特阿拉伯已同意将石油输出国组织的减产协议再延长6至9个月。沙特能源部长哈立德·法利赫（Khalid al-Falih）周日支持普京提出的言论的评论.---Market Watch

。虽然华尔街专注于美中贸易战的危险，但Medley Global Advisors的Ben Emons认为有两种风险会卷土重来。以世界事务正在形成的情况看来，他警告投资者说英国脱欧，美国对欧洲汽车征收关税的威胁可能会在下半年悄然而来。--- CNBC

。美光科技（MU），Skyworks Solutions（SWKS），Broadcom（AVGO） - 在总统唐纳德特朗普和中国国家主席习近平同意美国和中国不会对彼此的商品征收额外关税后，芯片制造商的股价大幅上涨。美光和Skyworks均在上市前涨幅超过6％，而高通（QCOM）则上涨5.5％。 --- CNBC

。Wynn Resorts（WYNN），拉斯维加斯金沙集团（LVS） - 在澳门博彩管理机构报告6月赌博收入增长超过预期后，赌场股票在盘前上涨。上月澳门博彩总收入增长5.9％，远高于StreetAccount预计的2.5％增长。 Wynn和拉斯维加斯金沙集团在市前上涨超过4％.--- CNBC