Risk appetite recedes as global trade developments drag on

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Asian equities were mostly lower on Wednesday morning as risk sentiment swung back to caution on persistent US-China trade tensions.

The fact that markets were relatively unfazed by President Donald Trump’s recent comment on how he’s personally “holding up the trade deal” with China suggests that a sense of fatigue over US-China trade narrative is starting to impact financial markets. With global trade developments dragging on with no solution in sight, there is a risk that investors are slowly becoming desensitized to Trump’s trade rhetoric. While the build up in risk appetite this month… Read More:

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