China easing its zero Covid policy?

Rumors are in the market that China are to ease its zero Covid policy. This would be a game changer for many instruments as Chinas zero Covid policy is keeping growth and stocks down in China, prices on commodities lower and inflation higher in the West.

Several crosses such as XAGUSD are already over 3 % higher in todays trading and experts around the board are also discussing FED’s pivot as being around the corner.

This could mean a comeback to almost all assets and a substantial decline for DXY the coming time.