Investors have been banking profits and positioning their portfolios for an escalation in the “Trade War”. Panic and fear haven’t gripped the market gauging by the increase in the VIX
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President Trump dialled down his trade war antagonism by pushing for less tariffs with Europe. This saw investors focus on other data points, which provided support for risk assets like
The JSE was one of the few markets that ended last week lower. The Rand strengthened on the back of China being more passive in the “Trade War”. Commodity prices