Market Comment | Trade frictions weighed on equities and commodities
Published on Wednesday, July 11, 2018
Market Comment | Trade frictions weighed on equities and commodities
Summary
Risk-off mood in financial markets as trade strains reignited after China announced retaliations following the US decision to impose new tariffs on $200 billion worth of imports from China (see). Chinese assets were the most penalized, leading the drop on stock markets across the board, while trade jitters prompted flows to safe-haven, with core yields […]
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BBVA Research
BBVA Research
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