Daily Markets: Record Job Cuts, Lockdowns, And a Trade War. What’s Not to Like?

Daily Markets: Record Job Cuts, Lockdowns, And a Trade War. What’s Not to Like?

Equities in Asia finished the day mostly lower despite the surprise in China’s April export data. Digging into that data revealed a mid-teens decline in exports to the EU and US during April, and China’s imports during April contracted more than expected – that combination raises questions over the speed of the economy and its post-pandemic rebound.

By Miki

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