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Panoramic weekly

Panoramic Weekly: Risk Assets Rally Despite Trade Wars

Traditional fixed income risk assets, such as Emerging Markets (EM) and High Yield (HY), rallied over the past five trading days, shrugging off an escalation of the trade tensions between the US and China. The world’s No. 1 economy announced plans to set tariffs on an additional US$200bn worth of Chinese goods, adding to the $34bn that came into effect on Friday. The almost 200-page list of goo…

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