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As the US dollar ticks higher again is the rally resuming?
It is likely that trade tariffs are going to be a dominant theme for the coming days. With US/China talks set to resume this week, the two countries are also expected to formalise a further $16bn of tariffs on each other. The question is whether the (admittedly low level) talks can foster some sort of move towards a decisive agreement. This is likely to mean that the markets will be cautious in the coming days. Initially there is a sense that there is a mood for mild optimism, which has resulted in a degree of slippage on the dollar from its position of strength in the past couple of days. This comes as the Chinese ... (full story)
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