$DOW JONES $Hang Seng
(ref 9/10/20) There is a 3800+ point difference and growing between the Dow (at 28,129) and the HSI (at 24,313) and the HSI is still losing ground 😉
One of a possible few explanations of the cause of this is the 25% US tariffs in place against China, its hurting US corps that are manufacturing in China 🤔
(domestic corps mfg in China will return back to the US and this will increase domestic production, GDP, and jobs in the US)

The trickle down affect of this is the dollar losing ground at 92.83
$US Dollar Index NYBOT
(moderate value deflation and needs to be around 95 to 97)
(watch US int rates and treasuries)

And oil volatility is 👇 6% at 46.25
$CBOE Crude Oil Volatility Index
(oil Volatility down and oil goes up)
and with the price of a barrel of domestic Crude oil at 38.05 and currently 👆 1.29 bux (up 3% but was 44 bux last week)
$E-MINI CL Dominant

These two above (dollar and oil) are triggering gold to move into positive territory at 1964 an oz 👆 16 bux
$Gold/US Dollar

Both of China's Yuan's have slid as well 👇 to 6.82
(this is very low for them and it's normally at 7.00 to the dollar)
$US Dollar/Chinese Yuan
$US Dollar/Chinese Yuan Offshore
this is a reactionary measure to the deficiency between the Dow and the HSI and yet there's still no positive trend up in the HSI 😳
(I am linking both of these markets together because the Chinese bread is buttered with US dollars)

So the short story of all this is US mfg is hurting in China because of US tariffs against China and its causing the dollar and oil to drop which is causing gold to rise 😉
China's response to the downward trend in their HSI is to manipulate their Yuan's lower to strengthen their economy but it still continues to lose value and thust their markets are declining 😳

Thanks for reading thumbs, comments, and reposts always appreciated 👍👍👍