Market Comment | Concerns about China’s cycle drag down risk assets

Summary

  China’s gloomy export figures bring global cyclical concerns back into the spotlight, encouraging flows toward safe haven assets (especially bonds) dragging down equity markets. The higher-than-expected decline in Chinese exports in September (-10%YoY, Consensus -3.3%, Previous -2.8%), coupled with weak imports, suggests a sluggish global demand, underpinning concerns about global growth. The oil price […]

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