MAY 26. Shanghai will re-open from COVID lockdown on June 1st.

Container yard at Shanghai port

Finally, Shanghai will re-open in June, after the two months of COVID lockdowns and following throw effect of yesterday’s FOMC meeting note pushed global equity markets to the upside again.

Other factors were not good at all. US’s GDP number for the first quarter has been reported as -1.5%, the average estimation was -1.3%, and weekly jobless claim numbers…

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