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US Tariffs, EU Retaliation, and Geopolitical Tensions Impact Global Markets
The US imposed steel and aluminium tariffs which sparked a response from the EU. The emerging trade tensions saw Asian equity markets close lower.
A potential ceasefire in Ukraine added support to European equities despite rising trade tensions between the EU and the US with the EU announcing retaliatory tariffs.
A weak than expected US CPI print saw the sell off in bonds continue in the US and oil prices rise.
Metals prices lifted over concerns of tariffs and tight supply.

