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Published on Monday, June 10, 2019

Investors take solace in US-Mexico deal

Global financial market sentiment improved after the US and Mexico struck a deal, avoiding new tariffs on Mexico. Safe-haven assets declined, while risky assets saw a relief rally.

Key points

  • Key points:
  • The pickup in safe haven yields today lacked conviction, with bonds gaining back some favor
  • The Chinese trade balance increased significantly in May

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