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The primary macroeconomic impact on financial markets over the past week has been the processing of the G20 announcement that trade negotiations between the US and China would resume after a trade truce was called.
This has seen the “risk on” theme re-energize, highlighted by global equity indices surging to new multi-month highs and in the case of the three major US equity averages (S&P 500, NASDAQ 100 and the Dow Jones Industrial Average) to…
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