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Published on Tuesday, September 3, 2019 | Updated on Tuesday, September 3, 2019

Market Comment | Market risk sentiment worsens on weak U.S. factory data.

Risk-off mood prevailed in financial markets amid trade uncertainty and weak economic data in the U.S. which reinforced fears of a global slowdown.

Key points

  • Key points:
  • Yields on 10Y Italian and Britain bonds hit historic lows.
  • Safe-haven currencies (JPY and CHF) resumed its gains, alongside gold.
  • U.S. and European stocks fell.

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