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Credit and commodities diverge after China abandons zero-covid approach
2 years ago
Markets present a mixed picture at the start of the week, with Europe – still processing Friday’s US jobs numbers – opening cautiously after China’s retreat from strict zero-covid policies boosts commodity prices but raises fears of an infection wave -
US travel, energy and retail credits take big hit as variant rout extends
3 years ago
The widening trend in credit is extending as the weekend approaches, with US spreads picking up the baton from Europe's earlier surge
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