The End Game has arrived
Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Summary: Investor sentiment has taken a bearish turn after the US blacklisting of Chinese tech giant Huawei has heightened concern about the ongoing Sino-US trade war, while a pair of unexpectedly poor US economic data releases is also dulling the tone. In FX, the Aussie is down on a discouraging jobs report and worries about interest rates.