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Trade war breakthrough?
US markets are off to a rousing start in the wake of a report that US and China are said to restart talks to avert the escalating tit for tat trade war but renewed selling in large-cap tech companies has tempered gains. But indeed any tempering of this confrontational issue ahead of the Presidents 200 billion trade threat will be viewed in a favourable light and provided parties remain at the table, where there’s a will there is a way. Currency Markets As expected there was no hawkish midsummer nightmare but rather \he BoJ did not change rates nor did they show any signs of shifting from ultra-loose monetary policy ... (full story)
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