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Equities rally continues, but the warning signs over US China relations are growing
A remarkable breakout rally continues on equities, however it is interesting to see slightly more of a cautious outlook beginning to develop across other areas of major markets. Concerns are beginning to mount over relations between the US and China. Moves by the White House and Congress to sanction China over its imposition of security laws in Hong Kong are set to put the world’s two major economies on a collision course once more. Markets are beginning to show the strain. The weakening of the Chinese yuan versus the dollar has tended to be seen as a warning signal for markets during the trade tensions of the past ... (full story)
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