Global markets consolidate, but sentiment remains shaky

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Global equity bulls fought back on Thursday as investors re-evaluated the possibility of Washington imposing 10% tariffs on another $200 billion worth of Chinese imports.

Market speculation over the unpredictable Trump administration making a last-minute U-turn before the tariffs come into effect in August has left investors hopeful. The prospects of possible trade talks between the United States and China have also soothed concerns over trade tensions escalating further. While this false sense of optimism over the two largest economies in the world finding a middle-ground on trade may… Read More

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