Swissquote: US-China trade war to ease in election year

Trump will enter November’s presidential election “bragging about a historic trade deal with China”

US-China puzzle - web - Getty.jpg
Tensions easing: US-China trade war has had the greatest impact on emerging markets, says Swissquote

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Trade tensions will recede as the US enters a presidential election year, according to Swissquote, which topped this week’s one-month emerging markets (EM) currency forecast rankings.

These tensions have been having the greatest influence on EM nations, says Peter Rosenstreich, head of market strategy at Swissquote: “You can see this in the underperformance of emerging market names in equity markets in 2019.”


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