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Trump blinks first at the G20

Weekly investor research

01 July 2019

The G20 Summit delivered a significant de-escalation of trade tensions between China and the US, which will probably help to sustain the positive momentum in Emerging Markets. In other news, Argentina’s economy appears to be returning to growth, South Africa announces ESKOM restructuring, Mexican inflation returns to the central bank’s target range, Brazil’s economy continues to improve slowly, and China racks up a healthy current account surplus in Q1 2019, in spite of Trump’s trade war.

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