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Published on Tuesday, April 9, 2019 | Updated on Wednesday, April 10, 2019

Market Comment | Renewed woes on global growth and trade keeps markets in check

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Summary

Global risk assets started on a buoyant note early today as most Asian equities advanced but the mood reversed in advanced markets with S&P 500 registering its steepest drop in two weeks, weighed by US tariff threats on the EU and a growth warning by the IMF, which cut its global growth outlook to lowest since the financial crisis.