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China’s Tactic is to Get a Favourable Deal
Global markets continue to be shocked by Trump's announcement of the imposition of a 10% tariff on the remaining USD300bn of Chinese goods, effective 1st September.
The Jpy Week - Bias is Bullish
The Yen is undeniably well supported by the escalating trade row between the US and China, and Usd/Jpy looks on course for an imminent 105.00 test.
Euro ABS Comment: Italian and Greek NPLs Hit The Market
Non-performing loan disposals have been in the news again. Banca MPS has followed Intesa Sanpaolo with the offloading of Italian loans. Hoist Finance said it had carried out an unrated securitisation of Italian loans, while National Bank of Greece has struck the latest deal in its own NPL strategy.
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