Equity rally pauses as US-China mini trade deal hits setback

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US-China trade deal could be delayed until December
Bank of England to keep rates unchanged
Sterling traders focused on MPC votes

 

A lot of excitement and positive news has been building in financial asset prices over the past few days. The three major US indices climbed to new highs, European and Asian stocks were also on the rise, the Chinese Yuan strengthened to below 7 per Dollar and most major currencies rallied against the Greenback. Most of this excitement was due to newsflow suggesting the US and China will finally sign a partial trade deal this month that will… Read More:

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