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Jan 3, 2019
Markets: Poor PMI numbers and trade anxiety dent risk taking - ING
Analysts at ING, note that globally, investors saw a volatile trading session yesterday with traders caught between stalling manufacturing momentum in China and Europe sparking concerns about global growth.
Key Quotes
“Meanwhile, energy prices rebounded sharply overnight on slowing production even ahead of supply cuts from Russia.”
“Investors will refrain from going headlong in either direction, awaiting clarity on the US-China trade situation and global growth.”