Asia FX falls on renewed trade tensions, Pound at risk to more sell-offs

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Reports that Beijing has cancelled planned trade talks with Washington in response to the ongoing narrative from the Trump Administration to threaten further tariffs on Chinese goods has encouraged risk aversion to return at the beginning of the new trading week.  Investor sentiment towards global stocks has once again switched into a cautious stance and with a number of emerging market currencies in Asia trending lower against the Greenback, it does appear that investors are preparing for another potential escalation in global trade tensions.

While most eyes have focused on how the… Read More

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