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If the G20 meeting goes badly between Trump and Xi
Risks to global growth will continue to weigh on the global markets and there will be an immediate rush to safe havens: JPY, CHF, Gold and Bonds. Th Federal Reserve may start to see the tariffs hitting US companies earning and the 50bps rate cut may be more of a reality in a slowing global economy. Risk is off.
Risks to global growth will continue to weigh on the global markets and there will be an immediate rush to safe havens: JPY, CHF, Gold and Bonds. Th Federal Reserve may start to see the tariffs hitting US companies earning and the 50bps rate cut may be more of a reality in a slowing global economy. Risk is off.