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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Back and forth on trade'

20 Oct 2025

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Financial markets have been pushed around by trade, again. This time the reaction has been positive, as the US seems to have moved away from its more antagonistic position towards China. While the back and forth over trade has certainly done some economic damage, equity markets have reacted more dramatically than the real economy.

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