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Markets see a slight calm: how long will this last?
(Note: companies that could be impacted by the content of this article are listed at the base of the story (desktop version). This article uses third-party references to provide a bullish, bearish and balanced point of view; sources listed in the “Balanced” section)
With the surprise weakening of the yuan on Monday, the market went into shock and investors sought safer investments. Export data from China released on Thursday however, gave investors a slight sense of relief and stocks saw a tentative recovery. The fears of a recession are still up in the air, as the end of the ongoing tensions are unknown.
