XE Market Analysis: There Is No Instance of a Nation Benefiting from Prolonged “Trade” Wars: Sun Tzu’s “Art of War"

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OVERVIEW

  • Global stock markets are in the green as trade disputes are quashed by Chinese President.
  • US PP advances 0.3% in March, fuelling expectations that the economy is ripe for more than three rate hikes.
  • Risk-on trades driving commodity currency higher against the USD.

HIGHLIGHT