Risk trends experienced a wild ride to wrap up last week as US-China trade tensions waxed and waned. It began with US President Donald Trump threatening to cancel trade talks with China as the S&P 500 declined over 1.2%. Then, there was a partial recovery as the White House clarified that Trump’s decision to hold off on allowing US companies to do business with China’s Huawei referred to government agencies. Still, the S&P 500 ended 0.66% and 0.50% to the downside compared to Thursday and the previous week respectively. The US Dollar also launched a recovery towards the end of the session, supported by rising ... (full story)