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US/China fears hit risk sentiment ahead of key OPEC meeting
Risk appetite has suffered considerably in the last couple of sessions as US bond markets seem to be taking a view on the prospects for US growth. Doubt surrounding the potential for the US and China to put a stop to their spiralling trade dispute have played a role in this. This growing negative sentiment has been exacerbated overnight on the news that a top executive of China’s Huawei has been arrested in Canada due to an extradition order by the US. This is not a situation that is likely to help tensions between the two countries as they move towards a negotiation period that is supposed to be with a view to ... (full story)