Weekly Fundamental Forecast: US-China Trade War Negotations Prove Fruitless and NAFTA Remains Unresolved, Dollar Faces Consecutive Declines Ahead of Q2 GDP
The past week produced little positive news for risk trends, as China and US negotiations bore no fruit, NAFTA talks remain ‘a few days’ from being resolved, and the US is threatened with political instability. Still, equities pressed timidly higher and emerging markets regained some ground versus the dollar.
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