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Risk appetite has suffered today in choppy and changeable market conditions. News that the Trump Administration is considering the imposition of tariffs on $3.1bn in EU and UK imports in reply to European subsidies for Airbus deemed illegal by the WTO has not gone down well. European stocks are trading over 2% lower on the day while US stocks have opened up on a weak footing.The positive mood of yesterday has also stalled due to more contagion fears, with the rising Covid-19 case counts in the US especially putting the brakes on dollar bears. California, Texas and Arizona each reported... Read More

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