Some reversal in recent positioning themes has been seen, with the dollar bloc and pound softening against the dollar, and the yen outperforming moderately. This dynamic has been concomitant with global stock markets, outside the case of Japan, flagging. A fall in Chinese tech stocks, sparked by Beijing regulators launching an antitrust investigation, led a broader paring of recent gains in equity markets, which surged over the last week.
Recent News
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