Dollar steady ahead of US jobs report while Gold sinks

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It has been a rough trading week for financial markets as heightened trade tensions between the United States and China sapped global risk appetite.

The Trump administration’s unpredictability on trade has clearly dealt a blow to sentiment and this continues to be reflected across global equity markets. Asian stocks concluded mixed this morning due to renewed trade worries encouraging investors to adopt a guarded approach. Although European equities have inched higher, the upside may be limited caution ahead of the release of the US jobs report for July.

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