Global stocks shrug off trade war fears, NFP in focus

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This has certainly been a rollercoaster trading week for financial markets thanks to geopolitical uncertainty and renewed trade war fears.

Easing political tensions in Italy have rekindled risk appetite, ultimately resulting in global equity markets venturing higher. However, global sentiment is likely to remain cautious after the United States announced it would impose steel and aluminium tariffs on Canada, Mexico and the EU. With Canada and Mexico immediately retaliating against the US tariffs and the EU threatening a similar response, fears could intensify over a global trade war. While… Read More

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