Global weekly: Taking a pause

News item -

Markets have been marking time this week. In addition to investors taking some profit, sentiment was restrained due to another delay in US tax plans and disappointing macro data from China.

Equity update

Equity markets took a breather over the past week. Apart from some general profit taking after several months of gradually rising markets, investors reacted to less positive macro numbers from China and retreating commodity markets. In addition, in the US, investor sentiment was somewhat held back by the delay of the final tax plan announcements.
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