Market Comment | Markets remain fragile as US-China tech war worsens trade deal prospects
Published on Monday, May 20, 2019
Market Comment | Markets remain fragile as US-China tech war worsens trade deal prospects
US ‘blacklisting’ of China’s technology major Huawei further undermined the frayed US-China relationship while dimming prospects of a trade deal.
Key points
- Key points:
- Risk indicators implied by financial markets bounced back.
- Equity prices declined across the board, led by the technology sectors.
- Bond and FX markets remained steady.
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