Market Comment | Concerns about global economic outlook hit risk assets

Summary

China’s foreign currency dropped again in January reaching a new low since 2012 (by USD99.1bn to USD3,230.9bn). Despite the abrupt decline, it was less than had been expected (USD3,210bn). Concerns about global economic outlook hit risk assets. In the absence of relevant macroeconomic releases from Europe and the US, the extended falls in China’s reserves increased […]

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