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BNP Paribas WM: Rally to extend to Christmas

BNP Paribas Wealth Management feels that following Trump and Xi’s trade truce at the G20 summit, the current market rally is likely to extend to a year-end ‘Santa Claus’ rally and that China will benefit more from the ceasefire than the US. “The truce avoids the full-blown trade scenario which provides breathing room and it comes just as growth in…

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