Stock markets recover, Pound Trumped while Gold melts

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Investors were placed on an emotional rollercoaster ride this week as trade tensions between the United States and China intensified.

The Trump administration’s latest threats to impose tariffs on an additional $200 billion of Chinese goods initially dealt a blow to global sentiment, rekindled jitters and sparked risk aversion. However, global financial markets later stabilized on expectations over the United States and China potentially reopening trade talks. It must be understood that the back-and-forth trade threats between the two largest economies in the world has cultivated… Read More

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