Negative macroeconomic backdrop continues to undermine risk appetite Trade relations between the United States and China continue to sour - the US administration has held back permission for tech companies to deal with Huawei following reports that China will halt purchases of US agricultural products. Although the July interest-rate cut by the US Federal...
Global markets were buffeted again last week by a persistently negative macroeconomic backdrop that continues to undermine risk appetite. US-China trade tensions, a weaker yuan and the sell-off in major indices - various key economic data continue to point to a cohesive global slowdown - are some of the highlights.
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