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By Mark DOWDING, CIO at BlueBay Asset Management
Problems become harder to mask as Hong Kong, Turkey and Ecuador cause more geopolitical uncertainty.
As investors wait for the upcoming trade summit between the US and China, sentiment in financial markets has appeared somewhat fragile against a challenging political backdrop. This week's imposition of a blacklist on Chinese technology companies and visa bans on officials linked to a crackdown on Muslim minorities is unlikely to help the tone of negotiations, with the risk being a break-down in talks. Should this occur, we would see previously announced tariff extensions coming into effect in the next few weeks. Markets have broadly expected these additional tariffs to be deferred on the basis...
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