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Published on Friday, January 4, 2019

Market Comment | Risk aversion wanes today, backed by US Payrolls and trade talks

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Summary

Markets started 2019 on the wrong foot, but the market mood improved as the week went by. Doubts about the global slowdown were fed by the release of worsening confidence data in China and in the US. However, today’s fresh news about the trade tensions and the release of job figures in the US totally offset the sluggish data in the EZ, and improved the situation.