On analysis of the movements of Soybeans Futures, in different time frame, I find that amid growing skepticism over the next date of a partial deal, I find that the Soybeans seems to define the growing hopes for a deal between the United States and China during the upcoming weeks. Soon the two major economies of the world will sign a partial trade deal suggested earlier this month, an eruptive move in Soybeans Futures will confirm the intensity of the currently prevailing bullish sentiments. No doubt that the China still has to take a final decision about the size of his purchase of U.S. agricultural products, but the growing bullish sentiments in Soybeans Futures look evident enough of an upcoming rally.
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