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Published on Thursday, January 3, 2019 | Updated on Tuesday, January 8, 2019

Market Comment | Fears of slowdown extend risk aversion mood

Risk aversion mood persisted today as fears of a global slowdown increased. Apple’s reduced revenue outlook, which it attributed largely to China’s slowdown, as well as trade tensions added to yesterday’s release of disappointing Chinese confidence data. Furthermore, US manufacturing confidence data, at its lowest in two years, also point in this direction