Risk appetite tested by conflicting trade reports

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Risk appetite tested by conflicting trade reports

Investors seek clarity on conflicting trade reports
Sterling sinks on dovish BOE
Gold hammered by risk-on sentiment

After 16 months of painful trade disputes between the United States and China, there is finally a glimmer of hope with both sides moving closer to a deal that could resuscitate global growth.

A wave of positivity initially flooded financial markets on news that the US and China agreed to roll back tariffs as part of the Phase I deal. However, this optimism was later tempered by reports that the White House’s… Read More:

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